Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYU) Stock Crosses Below Two Hundred Day Moving Average – Here’s Why

Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYUGet Free Report)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $80.18 and traded as low as $77.00. Invesco S&P 500 Equal Weight Utilities ETF shares last traded at $77.56, with a volume of 67,974 shares changing hands.

Invesco S&P 500 Equal Weight Utilities ETF Stock Down 0.9%

The firm’s 50 day moving average is $80.07 and its two-hundred day moving average is $80.18. The stock has a market cap of $251.29 million, a price-to-earnings ratio of 18.42 and a beta of 0.55.

About Invesco S&P 500 Equal Weight Utilities ETF

(Get Free Report)

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.

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