Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYT – Get Free Report) shares shot up 1.6% on Wednesday . The company traded as high as $40.21 and last traded at $40.21. 348,131 shares changed hands during mid-day trading, an increase of 338% from the average session volume of 79,542 shares. The stock had previously closed at $39.56.
Invesco S&P 500 Equal Weight Technology ETF Stock Up 1.6 %
The firm’s 50-day simple moving average is $38.51 and its 200 day simple moving average is $53.20. The stock has a market capitalization of $4.56 billion, a P/E ratio of 27.74 and a beta of 1.66.
Invesco S&P 500 Equal Weight Technology ETF Company Profile
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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