Shares of Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RYE – Get Free Report) dropped 0.4% during trading on Monday. The stock traded as low as $114.35 and last traded at $114.57. Approximately 69,461 shares traded hands during trading, a decline of 18% from the average session volume of 84,640 shares. The stock had previously closed at $114.99.
Invesco S&P 500 Equal Weight Energy ETF Trading Down 0.4%
The firm’s 50-day moving average price is $111.87 and its 200-day moving average price is $106.67. The stock has a market capitalization of $871.88 million, a PE ratio of 13.87 and a beta of 1.60.
About Invesco S&P 500 Equal Weight Energy ETF
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.
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