Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYT) Shares Up 0.6% – Here’s Why

Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYTGet Free Report) shares traded up 0.6% during mid-day trading on Wednesday . The stock traded as high as $62.46 and last traded at $62.06. Approximately 403,727 shares traded hands during mid-day trading, an increase of 408% from the average session volume of 79,542 shares. The stock had previously closed at $61.68.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

The stock has a 50 day moving average price of $61.75 and a two-hundred day moving average price of $52.48. The company has a market capitalization of $588.33 million, a price-to-earnings ratio of 26.94 and a beta of 1.18.

Invesco S&P 500 Equal Weight Technology ETF Company Profile

(Get Free Report)

The Invesco S&P 500 Equal Weight Technology ETF (RYT) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks an equal-weighted index of S&P 500 technology companies. RYT was launched on Nov 1, 2006 and is managed by Invesco.

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