Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RYE) Reaches New 12-Month High – What’s Next?

Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RYEGet Free Report) shares reached a new 52-week high on Tuesday . The stock traded as high as $83.60 and last traded at $82.67, with a volume of 136403 shares trading hands. The stock had previously closed at $83.19.

Invesco S&P 500 Equal Weight Energy ETF Stock Up 0.3 %

The firm has a 50-day moving average price of $77.34 and a two-hundred day moving average price of $78.58. The company has a market capitalization of $613.77 million, a P/E ratio of 12.22 and a beta of 0.60.

Invesco S&P 500 Equal Weight Energy ETF Company Profile

(Get Free Report)

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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