Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RYH) Shares Up 1.7% – Here’s Why

Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RYH)’s stock price shot up 1.7% during mid-day trading on Tuesday . The stock traded as high as $31.4502 and last traded at $31.34. 28,715 shares changed hands during mid-day trading, an increase of 213% from the average session volume of 9,174 shares. The stock had previously closed at $30.82.

Invesco S&P 500 Equal Weight Health Care ETF Stock Down 0.8%

The firm’s 50-day moving average is $31.27 and its 200-day moving average is $31.48. The company has a market capitalization of $106.05 million, a PE ratio of 20.93 and a beta of 0.85.

Invesco S&P 500 Equal Weight Health Care ETF Company Profile

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.