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

Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RYEGet Free Report)’s share price rose 0.4% during trading on Monday . The stock traded as high as $113.18 and last traded at $112.87. 46,561 shares changed 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 stock has a market capitalization of $858.94 million, a PE ratio of 13.87 and a beta of 1.60. The business has a 50 day moving average price of $105.00 and a 200 day moving average price of $103.91.

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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