Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RHS) Trading 1.2% Higher – Here’s Why

Shares of Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RHS) rose 1.2% during trading on Wednesday . The stock traded as high as $29.2550 and last traded at $29.23. Approximately 59,433 shares traded hands during mid-day trading, a decline of 17% from the average daily volume of 71,436 shares. The stock had previously closed at $28.89.

Invesco S&P 500 Equal Weight Consumer Staples ETF Trading Up 1.2%

The company has a market cap of $182.69 million, a P/E ratio of 17.03 and a beta of 0.59. The business’s fifty day moving average is $29.12 and its 200 day moving average is $29.96.

About Invesco S&P 500 Equal Weight Consumer Staples ETF

Rydex S&P Equal Weight Consumer Staples ETF (the Fund) seeks replicate as closely as possible the performance of the S&P Equal Weight Index Consumer Staples (the Index). The Index is an unmanaged equal-weighted version of the S&P 500 Consumer Staples Index that consists of the common stocks of industries, such as food and drug retailing, beverages, food products, tobacco, household products and personal products that comprise the consumer staples sector of the S&P 500 Index.