Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RYE) Shares Up 0.4% – Time to Buy?

Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RYEGet Free Report)’s share price was up 0.4% during mid-day trading on Monday . The stock traded as high as $113.18 and last traded at $112.87. Approximately 46,561 shares traded hands during mid-day trading, a decline of 45% from the average session volume of 84,640 shares. The stock had previously closed at $112.39.

Invesco S&P 500 Equal Weight Energy ETF Price Performance

The firm’s 50 day moving average price is $105.00 and its 200-day moving average price is $103.91. The stock has a market cap of $858.94 million, a P/E ratio of 13.87 and a beta of 1.60.

Invesco S&P 500 Equal Weight Energy ETF Company Profile

(Get Free Report)

The Invesco S&P 500 Equal Weight Energy ETF (RYE) is an exchange-traded fund that is based on the S&P 500 Equal Weight Energy Plus index. The fund tracks an equal-weighted index of US energy companies in the S&P 500. RYE was launched on Nov 1, 2006 and is managed by Invesco.

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