Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYU) Stock Passes Above 50 Day Moving Average – What’s Next?

Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYUGet Free Report) shares passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $77.32 and traded as high as $77.82. Invesco S&P 500 Equal Weight Utilities ETF shares last traded at $76.69, with a volume of 33,925 shares changing hands.

Invesco S&P 500 Equal Weight Utilities ETF Trading Up 0.4%

The business has a 50 day moving average of $77.32 and a two-hundred day moving average of $74.25. The firm has a market cap of $249.54 million, a P/E ratio of 18.42 and a beta of 0.55.

About Invesco S&P 500 Equal Weight Utilities ETF

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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.

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