Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYT) Stock Price Up 0.2% – Should You Buy?

Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYTGet Free Report)’s share price was up 0.2% during trading on Tuesday . The stock traded as high as $47.00 and last traded at $46.71. Approximately 440,460 shares changed hands during trading, an increase of 454% from the average daily volume of 79,542 shares. The stock had previously closed at $46.64.

Invesco S&P 500 Equal Weight Technology ETF Stock Performance

The firm has a market cap of $442.81 million, a P/E ratio of 26.94 and a beta of 1.18. The company has a 50-day moving average of $44.08 and a 200 day moving average of $40.78.

About Invesco S&P 500 Equal Weight Technology ETF

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The Invesco S&P 500 Equal Weight Technology ETF (RYT) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks an equal-weighted index of S&P 500 technology companies. RYT was launched on Nov 1, 2006 and is managed by Invesco.

Further Reading

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