Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYT) Hits New 12-Month Low – Time to Sell?

Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYTGet Free Report) shares reached a new 52-week low on Monday . The company traded as low as $38.91 and last traded at $39.08, with a volume of 871406 shares traded. The stock had previously closed at $38.65.

Invesco S&P 500 Equal Weight Technology ETF Stock Performance

The company has a market cap of $4.43 billion, a PE ratio of 27.74 and a beta of 1.66. The firm’s 50 day moving average is $62.12 and its 200-day moving average is $55.60.

About Invesco S&P 500 Equal Weight Technology ETF

(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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