Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RYF) Share Price Breaks Above 50 Day Moving Average – Here’s Why

Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RYF – Get Free Report)’s share price passed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of $81.35 and traded as high as $82.5650. Invesco S&P 500 Equal Weight Financials ETF shares last traded at $82.51, with a volume of 6,719 shares traded.

Invesco S&P 500 Equal Weight Financials ETF Stock Up 1.6%

The company has a market capitalization of $498.36 million, a PE ratio of 17.29 and a beta of 1.07. The company has a 50-day moving average price of $81.35 and a two-hundred day moving average price of $78.20.

Invesco S&P 500 Equal Weight Financials ETF Company Profile

(Get Free Report)

The Invesco S&P 500 Equal Weight Financials ETF (RYF) is an exchange-traded fund that is based on the S&P 500 Equal Weighted \u002F Financials index. The fund tracks an equal-weighted index of financial stocks pulled from the S&P 500. RYF was launched on Nov 1, 2006 and is managed by Invesco.

Further Reading

Receive News & Ratings for Invesco S&P 500 Equal Weight Financials 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 Financials ETF and related companies with MarketBeat.com's FREE daily email newsletter.