Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RYE) Sets New 12-Month High at $84.43

Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RYE) hit a new 52-week high on Monday . The company traded as high as $84.43 and last traded at $84.37, with a volume of 72629 shares changing hands. The stock had previously closed at $83.89.

Invesco S&P 500 Equal Weight Energy ETF Trading Up 0.6 %

The company has a market capitalization of $626.03 million, a PE ratio of 12.22 and a beta of 0.65. The stock has a fifty day moving average of $79.51 and a two-hundred day moving average of $75.72.

Hedge Funds Weigh In On Invesco S&P 500 Equal Weight Energy ETF

A number of large investors have recently bought and sold shares of RYE. CWM LLC increased its stake in Invesco S&P 500 Equal Weight Energy ETF by 665.2% in the 3rd quarter. CWM LLC now owns 505 shares of the company’s stock worth $34,000 after purchasing an additional 439 shares during the period. Tucker Asset Management LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Energy ETF in the 3rd quarter worth approximately $55,000. Dana Investment Advisors Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight Energy ETF in the 3rd quarter worth approximately $182,000. VitalStone Financial LLC grew its position in shares of Invesco S&P 500 Equal Weight Energy ETF by 760.1% in the 3rd quarter. VitalStone Financial LLC now owns 2,546 shares of the company’s stock worth $187,000 after buying an additional 2,250 shares during the last quarter. Finally, NewEdge Wealth LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Energy ETF in the 3rd quarter worth approximately $204,000.

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.