Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RYE) Trading 3% Higher – What’s Next?

Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RYEGet Free Report)’s stock price rose 3% on Monday . The stock traded as high as $79.11 and last traded at $79.00. Approximately 74,952 shares were traded during mid-day trading, a decline of 11% from the average daily volume of 84,640 shares. The stock had previously closed at $76.67.

Invesco S&P 500 Equal Weight Energy ETF Stock Performance

The company has a market cap of $499.28 million, a price-to-earnings ratio of 15.59 and a beta of 1.41. The stock’s fifty day moving average is $80.47 and its two-hundred day moving average is $78.81.

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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