Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYU) Share Price Crosses Below 200 Day Moving Average – Time to Sell?

Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RYUGet Free Report) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $69.68 and traded as low as $64.78. Invesco S&P 500 Equal Weight Utilities ETF shares last traded at $65.78, with a volume of 40,360 shares trading hands.

Invesco S&P 500 Equal Weight Utilities ETF Trading Down 1.1 %

The company has a market capitalization of $286.13 million, a price-to-earnings ratio of 17.30 and a beta of 0.71. The firm has a 50-day simple moving average of $70.26 and a two-hundred day simple moving average of $69.68.

Invesco S&P 500 Equal Weight Utilities ETF Company Profile

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The Invesco S&P 500 Equal Weight Utilities ETF (RYU) is an exchange-traded fund that mostly invests in utilities equity. The fund tracks an equal-weighted index of S&P 500 utilities companies. RYU was launched on Nov 1, 2006 and is managed by Invesco.

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