Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RYE) Stock Price Down 1% – Here’s Why

Shares of Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RYEGet Free Report) were down 1% on Monday . The stock traded as low as $102.12 and last traded at $102.8450. Approximately 77,859 shares changed hands during trading, a decline of 8% from the average session volume of 84,640 shares. The stock had previously closed at $103.86.

Invesco S&P 500 Equal Weight Energy ETF Stock Performance

The stock has a 50-day moving average of $102.27 and a 200-day moving average of $101.48. The firm has a market cap of $782.65 million, a price-to-earnings ratio of 13.87 and a beta of 1.60.

Invesco S&P 500 Equal Weight Energy ETF Company Profile

(Get Free Report)

The Invesco S&P 500 Equal Weight Energy ETF (RYE) is an exchange-traded fund that is based on the S&P 500 Equal Weight Energy Plus index. The fund tracks an equal-weighted index of US energy companies in the S&P 500. RYE was launched on Nov 1, 2006 and is managed by Invesco.

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