Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RCD) Trading Down 1.5% – Time to Sell?

Shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RCD) fell 1.5% during mid-day trading on Friday . The stock traded as low as $21.02 and last traded at $21.15. 73,448 shares were traded during mid-day trading, an increase of 216% from the average session volume of 23,227 shares. The stock had previously closed at $21.47.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Stock Performance

The firm’s 50-day simple moving average is $23.38 and its 200 day simple moving average is $23.48. The stock has a market capitalization of $80.16 million, a P/E ratio of 17.52 and a beta of 1.32.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Company Profile

Guggenheim S&P 500 Equal Weight Consumer Discretionary ETF (the Fund), formerly Rydex S&P Equal Weight Consumer Discretionary ETF, seeks to replicate as closely as possible the performance of the S&P Equal Weight Index Consumer Discretionary (the Index). The Index is an unmanaged equal-weighted version of the S&P 500 Consumer Discretionary Index that consists of the common stocks of industries, such as automobiles and components, consumer durables, apparel, hotels, restaurants, leisure, media and retailing that comprise the consumer discretionary sector of the S&P 500 Index.