Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYT) Reaches New 52-Week Low at $36.30

Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYT)’s stock price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $36.30 and last traded at $36.33, with a volume of 727459 shares traded. The stock had previously closed at $36.68.

Invesco S&P 500 Equal Weight Technology ETF Stock Down 0.4 %

The stock’s 50-day moving average price is $54.57 and its 200 day moving average price is $51.44. The firm has a market cap of $4.12 billion, a price-to-earnings ratio of 27.74 and a beta of 1.66.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. SRS Capital Advisors Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 901.9% in the 3rd quarter. SRS Capital Advisors Inc. now owns 521 shares of the company’s stock worth $147,000 after buying an additional 469 shares in the last quarter. Front Row Advisors LLC grew its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 900.0% in the 3rd quarter. Front Row Advisors LLC now owns 900 shares of the company’s stock worth $254,000 after purchasing an additional 810 shares during the last quarter. Riggs Asset Managment Co. Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 900.0% during the third quarter. Riggs Asset Managment Co. Inc. now owns 1,550 shares of the company’s stock worth $437,000 after buying an additional 1,395 shares in the last quarter. Tyler Stone Wealth Management grew its position in Invesco S&P 500 Equal Weight Technology ETF by 900.0% during the 3rd quarter. Tyler Stone Wealth Management now owns 1,870 shares of the company’s stock worth $527,000 after acquiring an additional 1,683 shares during the last quarter. Finally, Harbour Investments Inc. raised its position in Invesco S&P 500 Equal Weight Technology ETF by 900.0% in the 3rd quarter. Harbour Investments Inc. now owns 2,340 shares of the company’s stock valued at $660,000 after purchasing an additional 2,106 shares during the last quarter.

Invesco S&P 500 Equal Weight Technology ETF Company Profile

The Invesco S&P 500 Equal Weight Technology ETF (RYT) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks an equal-weighted index of S&P 500 technology companies. RYT was launched on Nov 1, 2006 and is managed by Invesco.