Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RYE) Trading 2.2% Higher – Should You Buy?

Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RYEGet Free Report) traded up 2.2% during trading on Friday . The company traded as high as $80.98 and last traded at $80.93. 40,629 shares traded hands during mid-day trading, a decline of 52% from the average session volume of 84,640 shares. The stock had previously closed at $79.15.

Invesco S&P 500 Equal Weight Energy ETF Price Performance

The stock has a market capitalization of $596.45 million, a PE ratio of 12.22 and a beta of 0.60. The business has a 50 day moving average price of $77.05 and a 200 day moving average price of $79.42.

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.

Recommended Stories

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