Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYT) Hits New 1-Year Low at $35.20

Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYTGet Free Report)’s stock price reached a new 52-week low on Wednesday . The stock traded as low as $35.20 and last traded at $35.21, with a volume of 432490 shares trading hands. The stock had previously closed at $35.67.

Invesco S&P 500 Equal Weight Technology ETF Trading Down 1.3 %

The company has a market capitalization of $3.99 billion, a price-to-earnings ratio of 27.74 and a beta of 1.66. The firm’s fifty day simple moving average is $54.11 and its two-hundred day simple moving average is $48.88.

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

Several large investors have recently made changes to their positions in the stock. SRS Capital Advisors Inc. lifted its holdings in Invesco S&P 500 Equal Weight Technology ETF by 901.9% during the 3rd quarter. SRS Capital Advisors Inc. now owns 521 shares of the company’s stock worth $147,000 after buying an additional 469 shares in the last quarter. Nemes Rush Group LLC lifted its holdings in Invesco S&P 500 Equal Weight Technology ETF by 905.3% during the 3rd quarter. Nemes Rush Group LLC now owns 754 shares of the company’s stock worth $213,000 after buying an additional 679 shares in the last quarter. Front Row Advisors LLC lifted its holdings in Invesco S&P 500 Equal Weight Technology ETF by 900.0% during the 3rd quarter. Front Row Advisors LLC now owns 900 shares of the company’s stock worth $254,000 after buying an additional 810 shares in the last quarter. Spire Wealth Management lifted its holdings in Invesco S&P 500 Equal Weight Technology ETF by 900.0% during the 3rd quarter. Spire Wealth Management now owns 1,030 shares of the company’s stock worth $290,000 after buying an additional 927 shares in the last quarter. Finally, NBC Securities Inc. acquired a new stake in Invesco S&P 500 Equal Weight Technology ETF during the 3rd quarter worth approximately $262,000.

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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