Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RYH) Trading 1.4% Higher – Time to Buy?

Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RYHGet Free Report) shares shot up 1.4% on Tuesday . The company traded as high as $32.46 and last traded at $32.46. 123,546 shares were traded during mid-day trading, an increase of 1,247% from the average session volume of 9,174 shares. The stock had previously closed at $32.0107.

Invesco S&P 500 Equal Weight Health Care ETF Stock Performance

The company’s 50-day moving average price is $31.44 and its 200 day moving average price is $30.00. The stock has a market capitalization of $111.01 million, a P/E ratio of 20.93 and a beta of 0.85.

About Invesco S&P 500 Equal Weight Health Care ETF

(Get Free Report)

The Invesco S&P 500 Equal Weight Health Care ETF (RYH) is an exchange-traded fund that mostly invests in health care equity. The fund tracks an equal-weighted index of US health care companies taken from the S&P 500 Index. RYH was launched on Nov 1, 2006 and is managed by Invesco.

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