Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RYE) Shares Up 1.4% – Here’s What Happened

Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RYEGet Free Report)’s stock price rose 1.4% on Monday . The stock traded as high as $74.44 and last traded at $74.16. Approximately 59,887 shares changed hands during trading, a decline of 29% from the average daily volume of 84,640 shares. The stock had previously closed at $73.16.

Invesco S&P 500 Equal Weight Energy ETF Trading Up 1.4 %

The company has a 50 day moving average of $79.28 and a 200-day moving average of $78.44. The firm has a market capitalization of $546.56 million, a P/E ratio of 12.22 and a beta of 0.60.

Invesco S&P 500 Equal Weight Energy ETF Company Profile

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The Invesco S&P 500 Equal Weight Energy ETF (RYE) is an exchange-traded fund that is based on the S&P 500 Equal Weight Energy Plus index. The fund tracks an equal-weighted index of US energy companies in the S&P 500. RYE was launched on Nov 1, 2006 and is managed by Invesco.

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