Shares of Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RYE – Get Free Report) dropped 2.7% during trading on Monday . The stock traded as low as $81.44 and last traded at $81.51. Approximately 50,471 shares traded hands during mid-day trading, a decline of 40% from the average daily volume of 84,640 shares. The stock had previously closed at $83.74.
Invesco S&P 500 Equal Weight Energy ETF Price Performance
The stock has a market cap of $600.73 million, a price-to-earnings ratio of 12.22 and a beta of 0.60. The stock’s 50 day simple moving average is $79.39 and its two-hundred day simple moving average is $78.76.
Invesco S&P 500 Equal Weight Energy ETF Company Profile
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.
Recommended Stories
- Five stocks we like better than Invesco S&P 500 Equal Weight Energy ETF
- Are Penny Stocks a Good Fit for Your Portfolio?
- Finding Hidden Gems: Unconventional Penny Stock Investing
- What is a buyback in stocks? A comprehensive guide for investors
- Price Targets on NVIDIA Rise in Front of Earnings
- What Are Dividend Contenders? Investing in Dividend Contenders
- Archer Aviation Stock Skids: Mistaking Progress for Bad News?
Receive News & Ratings for Invesco S&P 500 Equal Weight Energy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Equal Weight Energy ETF and related companies with MarketBeat.com's FREE daily email newsletter.
