Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RHS) Shares Down 1.7% – Time to Sell?

Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RHS)’s share price traded down 1.7% during trading on Thursday . The company traded as low as $30.72 and last traded at $30.72. 47,777 shares were traded during trading, a decline of 33% from the average session volume of 71,436 shares. The stock had previously closed at $31.26.

Invesco S&P 500 Equal Weight Consumer Staples ETF Stock Performance

The company has a fifty day simple moving average of $44.91 and a two-hundred day simple moving average of $40.88. The stock has a market capitalization of $405.96 million, a price-to-earnings ratio of 16.47 and a beta of 0.70.

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

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.