Shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYT – Get Free Report) dropped 0.7% on Wednesday . The stock traded as low as $34.12 and last traded at $34.46. Approximately 2,046,546 shares changed hands during mid-day trading, an increase of 2,473% from the average daily volume of 79,542 shares. The stock had previously closed at $34.69.
Invesco S&P 500 Equal Weight Technology ETF Trading Down 0.7 %
The stock has a market cap of $3.18 billion, a price-to-earnings ratio of 29.36 and a beta of 1.17. The firm’s 50 day moving average is $38.16 and its two-hundred day moving average is $51.56.
Invesco S&P 500 Equal Weight Technology ETF Company Profile
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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