Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RHS) Trading 0.8% Higher – What’s Next?

Shares of Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RHSGet Free Report) shot up 0.8% during trading on Wednesday . The company traded as high as $29.89 and last traded at $29.72. 89,177 shares were traded during mid-day trading, an increase of 25% from the average session volume of 71,436 shares. The stock had previously closed at $29.47.

Invesco S&P 500 Equal Weight Consumer Staples ETF Stock Up 0.8%

The business’s 50-day moving average price is $29.99 and its 200 day moving average price is $30.09. The company has a market capitalization of $185.75 million, a P/E ratio of 17.03 and a beta of 0.59.

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

(Get Free Report)

Rydex S&P Equal Weight Consumer Staples ETF (the Fund) seeks replicate as closely as possible the performance of the S&P Equal Weight Index Consumer Staples (the Index). The Index is an unmanaged equal-weighted version of the S&P 500 Consumer Staples Index that consists of the common stocks of industries, such as food and drug retailing, beverages, food products, tobacco, household products and personal products that comprise the consumer staples sector of the S&P 500 Index. The Fund uses a passive management strategy, known as replication, to track the performance of the Index.

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