Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYU) Share Price Crosses Below Two Hundred Day Moving Average – What’s Next?

Posted by Jeff Wilder on Jan 11th, 2025

Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYU – Get Free Report) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $69.68 and traded as low as $64.78. Invesco S&P 500 Equal Weight Utilities ETF shares last traded at $65.78, with a volume of 40,360 shares.

Invesco S&P 500 Equal Weight Utilities ETF Price Performance

The company has a market capitalization of $286.13 million, a price-to-earnings ratio of 17.30 and a beta of 0.71. The company’s 50-day moving average price is $70.26 and its two-hundred day moving average price is $69.68.

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.