Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RYF) Stock Price Down 0.9% – Here’s Why

Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RYFGet Free Report)’s stock price traded down 0.9% during mid-day trading on Monday . The stock traded as low as $72.64 and last traded at $72.89. 16,721 shares changed hands during mid-day trading, a decline of 62% from the average session volume of 43,626 shares. The stock had previously closed at $73.54.

Invesco S&P 500 Equal Weight Financials ETF Stock Down 0.7 %

The company has a market cap of $310.46 million, a price-to-earnings ratio of 15.33 and a beta of 0.83. The business has a fifty day simple moving average of $71.90 and a 200 day simple moving average of $67.14.

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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