Shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYT – Get Free Report) shot up 5.5% during mid-day trading on Wednesday . The company traded as high as $64.89 and last traded at $64.66. 605,533 shares changed hands during trading, an increase of 661% from the average daily volume of 79,542 shares. The stock had previously closed at $61.30.
Invesco S&P 500 Equal Weight Technology ETF Stock Performance
The firm has a market cap of $601.79 million, a P/E ratio of 26.94 and a beta of 1.18. The company’s 50 day moving average is $62.23 and its 200 day moving average is $54.07.
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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