Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYT) Trading 5.5% Higher – What’s Next?

Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYTGet Free Report) shares shot up 5.5% during trading on Wednesday . The company traded as high as $64.89 and last traded at $64.66. Approximately 605,533 shares were traded 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 Trading Up 5.5%

The stock has a fifty day moving average price of $62.19 and a 200-day moving average price of $53.95. The firm has a market capitalization of $612.98 million, a price-to-earnings ratio of 26.94 and a beta of 1.18.

Invesco S&P 500 Equal Weight Technology ETF Company Profile

(Get Free Report)

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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