Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYT) Shares Down 1.8% – Time to Sell?

Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYTGet Free Report) shares fell 1.8% on Tuesday . The stock traded as low as $43.20 and last traded at $43.51. 338,738 shares traded hands during mid-day trading, an increase of 326% from the average session volume of 79,542 shares. The stock had previously closed at $44.33.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

The stock has a 50-day simple moving average of $46.69 and a 200-day simple moving average of $45.78. The stock has a market cap of $412.47 million, a PE ratio of 26.94 and a beta of 1.18.

About Invesco S&P 500 Equal Weight Technology ETF

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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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