Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYT) Trading 1.7% Higher – Here’s Why

Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYTGet Free Report)’s stock price shot up 1.7% during mid-day trading on Monday . The stock traded as high as $38.07 and last traded at $38.01. 290,901 shares were traded during trading, an increase of 266% from the average session volume of 79,542 shares. The stock had previously closed at $37.37.

Invesco S&P 500 Equal Weight Technology ETF Stock Performance

The company has a market capitalization of $4.31 billion, a PE ratio of 27.74 and a beta of 1.66. The company’s fifty day moving average is $52.94 and its 200-day moving average is $56.25.

About Invesco S&P 500 Equal Weight Technology ETF

(Get Free Report)

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

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