Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYT) Reaches New 12-Month Low – Time to Sell?

Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYTGet Free Report) reached a new 52-week low during trading on Monday . The stock traded as low as $38.77 and last traded at $39.13, with a volume of 199738 shares trading hands. The stock had previously closed at $38.71.

Invesco S&P 500 Equal Weight Technology ETF Stock Performance

The company has a 50 day moving average of $67.21 and a 200 day moving average of $57.51. The stock has a market capitalization of $4.44 billion, a price-to-earnings ratio of 27.74 and a beta of 1.66.

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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