Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSE:RCD) Stock Falls 0.6% – Here’s Why

Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSE:RCD) shares fell 0.6% during trading on Thursday. The stock traded as low as $19.64 and last traded at $19.97. Approximately 4,570 shares traded hands during mid-day trading, a decline of 48% from the average daily volume of 8,754 shares. The stock had previously closed at $20.10.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Stock Up 0.2%

The firm has a market capitalization of $75.80 million, a PE ratio of 17.52 and a beta of 1.32. The stock has a 50-day moving average price of $22.02 and a 200 day moving average price of $22.00.

About Invesco S&P 500 Equal Weight Consumer Discretionary ETF

Guggenheim S&P 500 Equal Weight Consumer Discretionary ETF (the Fund), formerly Rydex S&P Equal Weight Consumer Discretionary ETF, seeks to replicate as closely as possible the performance of the S&P Equal Weight Index Consumer Discretionary (the Index). The Index is an unmanaged equal-weighted version of the S&P 500 Consumer Discretionary Index that consists of the common stocks of industries, such as automobiles and components, consumer durables, apparel, hotels, restaurants, leisure, media and retailing that comprise the consumer discretionary sector of the S&P 500 Index.