Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYT) Shares Up 0.5% – Here’s What Happened

Shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYTGet Free Report) rose 0.5% on Wednesday . The company traded as high as $34.39 and last traded at $34.37. Approximately 610,878 shares traded hands during mid-day trading, an increase of 668% from the average daily volume of 79,542 shares. The stock had previously closed at $34.20.

Invesco S&P 500 Equal Weight Technology ETF Stock Down 7.5 %

The business has a fifty day moving average of $37.21 and a 200 day moving average of $47.92. The firm has a market cap of $2.88 billion, a P/E ratio of 25.99 and a beta of 1.21.

About Invesco S&P 500 Equal Weight Technology ETF

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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.

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