Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYU) Stock Passes Below 200 Day Moving Average – Here’s Why

Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYUGet Free Report)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $69.96 and traded as low as $64.65. Invesco S&P 500 Equal Weight Utilities ETF shares last traded at $65.22, with a volume of 30,106 shares traded.

Invesco S&P 500 Equal Weight Utilities ETF Stock Up 0.1 %

The company’s fifty day moving average price is $69.22 and its two-hundred day moving average price is $70.04. The company has a market cap of $298.41 million, a price-to-earnings ratio of 17.30 and a beta of 0.71.

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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