Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYU) Stock Passes Above Fifty Day Moving Average – Time to Sell?

Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYUGet Free Report)’s stock price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $67.17 and traded as high as $67.43. Invesco S&P 500 Equal Weight Utilities ETF shares last traded at $67.20, with a volume of 34,346 shares changing hands.

Invesco S&P 500 Equal Weight Utilities ETF Price Performance

The firm has a 50-day moving average of $67.17 and a 200 day moving average of $70.48. The company has a market capitalization of $295.68 million, a PE 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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