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

Shares of Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYUGet Free Report) passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $78.92 and traded as low as $76.16. Invesco S&P 500 Equal Weight Utilities ETF shares last traded at $76.86, with a volume of 87,287 shares.

Invesco S&P 500 Equal Weight Utilities ETF Stock Performance

The firm’s 50-day moving average is $78.92 and its two-hundred day moving average is $80.05. The stock has a market cap of $249.03 million, a P/E ratio of 18.42 and a beta of 0.55.

Institutional Trading of Invesco S&P 500 Equal Weight Utilities ETF

A hedge fund recently bought a new position in Invesco S&P 500 Equal Weight Utilities ETF stock. Compass Financial Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYUFree Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 1,938 shares of the company’s stock, valued at approximately $157,000. Compass Financial Management LLC owned about 0.06% of Invesco S&P 500 Equal Weight Utilities ETF at the end of the most recent quarter.

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.

See Also

Receive News & Ratings for Invesco S&P 500 Equal Weight Utilities ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Equal Weight Utilities ETF and related companies with MarketBeat.com's FREE daily email newsletter.