Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYU) Shares Cross Below Two Hundred Day Moving Average – Here’s What Happened

Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYUGet Free Report) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $69.68 and traded as low as $64.78. Invesco S&P 500 Equal Weight Utilities ETF shares last traded at $65.78, with a volume of 40,360 shares changing hands.

Invesco S&P 500 Equal Weight Utilities ETF Stock Performance

The stock has a market capitalization of $289.43 million, a price-to-earnings ratio of 17.30 and a beta of 0.71. The business has a fifty day simple moving average of $70.26 and a 200 day simple moving average of $69.68.

About Invesco S&P 500 Equal Weight Utilities ETF

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

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