Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RYF) Stock Price Up 0.7% – Still a Buy?

Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RYF)’s stock price shot up 0.7% during trading on Monday . The stock traded as high as $74.86 and last traded at $74.60. 5,992 shares changed hands during mid-day trading, a decline of 86% from the average session volume of 43,626 shares. The stock had previously closed at $74.11.

Invesco S&P 500 Equal Weight Financials ETF Stock Up 0.7 %

The company has a market cap of $320.03 million, a PE ratio of 15.33 and a beta of 0.83. The firm has a 50 day simple moving average of $72.73 and a 200-day simple moving average of $68.20.

Invesco S&P 500 Equal Weight Financials ETF Company Profile

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.