Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYU) Share Price Crosses Below 50 Day Moving Average – Should You Sell?

Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYUGet Free Report) passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $72.56 and traded as low as $64.97. Invesco S&P 500 Equal Weight Utilities ETF shares last traded at $66.23, with a volume of 41,043 shares changing hands.

Invesco S&P 500 Equal Weight Utilities ETF Stock Up 0.6 %

The firm’s 50 day simple moving average is $72.52 and its 200 day simple moving average is $69.24. The company has a market capitalization of $291.90 million, a PE ratio of 17.30 and a beta of 0.71.

Invesco S&P 500 Equal Weight Utilities ETF Company Profile

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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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