Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RHS) Trading 0.7% Higher – Time to Buy?

Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RHSGet Free Report) rose 0.7% during trading on Wednesday . The stock traded as high as $31.0281 and last traded at $31.00. Approximately 51,795 shares traded hands during trading, a decline of 27% from the average daily volume of 71,436 shares. The stock had previously closed at $30.79.

Invesco S&P 500 Equal Weight Consumer Staples ETF Stock Performance

The business has a fifty day moving average of $29.64 and a 200-day moving average of $29.80. The company has a market capitalization of $193.75 million, a P/E ratio of 17.03 and a beta of 0.59.

Invesco S&P 500 Equal Weight Consumer Staples ETF Company Profile

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Rydex S&P Equal Weight Consumer Staples ETF (the Fund) seeks replicate as closely as possible the performance of the S&P Equal Weight Index Consumer Staples (the Index). The Index is an unmanaged equal-weighted version of the S&P 500 Consumer Staples Index that consists of the common stocks of industries, such as food and drug retailing, beverages, food products, tobacco, household products and personal products that comprise the consumer staples sector of the S&P 500 Index. The Fund uses a passive management strategy, known as replication, to track the performance of the Index.

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