Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYT) Stock Price Up 0.7% – Still a Buy?

Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYTGet Free Report) shares rose 0.7% during mid-day trading on Tuesday . The company traded as high as $46.58 and last traded at $46.10. Approximately 477,266 shares traded hands during mid-day trading, an increase of 500% from the average daily volume of 79,542 shares. The stock had previously closed at $45.76.

Invesco S&P 500 Equal Weight Technology ETF Stock Up 0.7%

The company has a fifty day moving average price of $45.43 and a 200 day moving average price of $43.47. The stock has a market cap of $437.03 million, a PE ratio of 26.94 and a beta of 1.18.

Invesco S&P 500 Equal Weight Technology ETF Company Profile

(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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