Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYT) Sets New 12-Month Low – Here’s Why

Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYTGet Free Report)’s share price hit a new 52-week low on Monday . The stock traded as low as $37.59 and last traded at $37.62, with a volume of 181641 shares trading hands. The stock had previously closed at $37.57.

Invesco S&P 500 Equal Weight Technology ETF Stock Performance

The stock’s 50 day moving average is $61.57 and its two-hundred day moving average is $55.06. The stock has a market capitalization of $4.33 billion, a PE 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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