Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RCD) Shares Up 1% – Time to Buy?

Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RCD)’s share price shot up 1% during mid-day trading on Friday . The stock traded as high as $21.75 and last traded at $21.63. 9,507 shares were traded during mid-day trading, a decline of 16% from the average session volume of 11,359 shares. The stock had previously closed at $21.42.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Trading Up 1.0%

The firm has a market capitalization of $81.98 million, a price-to-earnings ratio of 17.52 and a beta of 1.32. The firm’s 50-day moving average is $21.36 and its 200 day moving average is $22.90.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Company Profile

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.