Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYT) Hits 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 on Monday . The stock traded as low as $38.78 and last traded at $39.16, with a volume of 213368 shares. The stock had previously closed at $38.90.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

The stock’s 50 day moving average is $62.63 and its two-hundred day moving average is $57.74. The firm has a market cap of $4.44 billion, a P/E 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.

Further Reading

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