Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYU) Stock Crosses Below 50-Day Moving Average – Here’s What Happened

Shares of Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYU) passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $81.72 and traded as low as $80.86. Invesco S&P 500 Equal Weight Utilities ETF shares last traded at $81.35, with a volume of 69,641 shares traded.

Invesco S&P 500 Equal Weight Utilities ETF Stock Down 0.5%

The company has a 50-day simple moving average of $81.72 and a two-hundred day simple moving average of $78.64. The firm has a market cap of $263.57 million, a PE ratio of 18.42 and a beta of 0.55.

About Invesco S&P 500 Equal Weight Utilities ETF

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