Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RYE) Sets New 1-Year High – What’s Next?

Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RYEGet Free Report) shares hit a new 52-week high during trading on Monday . The company traded as high as $84.42 and last traded at $83.19, with a volume of 28227 shares. The stock had previously closed at $84.45.

Invesco S&P 500 Equal Weight Energy ETF Stock Performance

The business has a 50 day moving average price of $79.23 and a two-hundred day moving average price of $78.80. The stock has a market cap of $613.11 million, a PE ratio of 12.22 and a beta of 0.60.

Invesco S&P 500 Equal Weight Energy ETF Company Profile

(Get Free Report)

The Invesco S&P 500 Equal Weight Energy ETF (RYE) is an exchange-traded fund that is based on the S&P 500 Equal Weight Energy Plus index. The fund tracks an equal-weighted index of US energy companies in the S&P 500. RYE was launched on Nov 1, 2006 and is managed by Invesco.

Further Reading

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