Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYU) Stock Passes Below 50 Day Moving Average – Here’s Why

Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYUGet Free Report) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $72.30 and traded as low as $65.83. Invesco S&P 500 Equal Weight Utilities ETF shares last traded at $66.87, with a volume of 18,291 shares trading hands.

Invesco S&P 500 Equal Weight Utilities ETF Trading Up 1.6 %

The company has a market capitalization of $294.23 million, a PE ratio of 17.30 and a beta of 0.71. The stock has a fifty day moving average of $72.32 and a two-hundred day moving average of $67.16.

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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