Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RYF) Trading 1.4% Higher – Should You Buy?

Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RYFGet Free Report) shares rose 1.4% during mid-day trading on Monday . The company traded as high as $71.95 and last traded at $71.93. Approximately 7,649 shares changed hands during mid-day trading, a decline of 82% from the average daily volume of 43,626 shares. The stock had previously closed at $70.94.

Invesco S&P 500 Equal Weight Financials ETF Price Performance

The firm has a 50 day simple moving average of $66.90 and a 200-day simple moving average of $63.23. The company has a market cap of $307.63 million, a price-to-earnings ratio of 15.33 and a beta of 0.83.

About Invesco S&P 500 Equal Weight Financials ETF

(Get Free Report)

The Invesco S&P 500 Equal Weight Financials ETF (RYF) is an exchange-traded fund that is based on the S&P 500 Equal Weighted \u002F Financials index. The fund tracks an equal-weighted index of financial stocks pulled from the S&P 500. RYF was launched on Nov 1, 2006 and is managed by Invesco.

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