Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RGI) Trading Up 0.8% – Time to Buy?

Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RGIGet Free Report) rose 0.8% on Monday . The stock traded as high as $189.80 and last traded at $189.57. Approximately 31,600 shares were traded during mid-day trading, an increase of 71% from the average daily volume of 18,468 shares. The stock had previously closed at $188.06.

Invesco S&P 500 Equal Weight Industrials ETF Stock Performance

The firm has a 50-day moving average price of $189.57. The company has a market capitalization of $2.88 billion, a P/E ratio of 23.28 and a beta of 1.23.

About Invesco S&P 500 Equal Weight Industrials ETF

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Rydex S&P Equal Weight Industrials ETF (the Fund) seeks to replicate as closely as possible the performance of the S&P Equal Weight Index Industrials (the Index). The Index is an unmanaged equal-weighted version of the S&P 500 Industrials Index that consists of the common stocks of industries, such as aerospace and defense, building products, construction and engineering, electrical equipment, conglomerates, machinery, commercial services and supplies, air freight and logistics, airlines, and marine, road and rail transportation infrastructure that comprise the industrials sector of the S&P 500 Index.

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