Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RYE) Stock Jumps 1.7% – Here’s Why

Shares of Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RYE – Get Free Report) rose 1.7% during trading on Monday. The stock traded as high as $121.08 and last traded at $120.95. 74,990 shares were traded during trading, a decline of 11% from the average session volume of 84,640 shares. The stock had previously closed at $118.95.

Invesco S&P 500 Equal Weight Energy ETF Trading Down 0.7%

The firm has a market capitalization of $877.51 million, a P/E ratio of 13.87 and a beta of 1.60. The business’s 50 day simple moving average is $114.83 and its two-hundred day simple moving average is $105.20.

About Invesco S&P 500 Equal Weight Energy ETF

(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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