Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYU) Shares Pass Above Fifty Day Moving Average – What’s Next?

Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYU)’s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $81.62 and traded as high as $82.20. Invesco S&P 500 Equal Weight Utilities ETF shares last traded at $82.18, with a volume of 254,792 shares trading hands.

Invesco S&P 500 Equal Weight Utilities ETF Trading Down 0.4%

The company has a market cap of $265.16 million, a price-to-earnings ratio of 18.42 and a beta of 0.55. The firm’s fifty day simple moving average is $81.62 and its 200 day simple moving average is $78.42.

About Invesco S&P 500 Equal Weight Utilities ETF

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.