Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RYF) Trading Down 0.5% – Here’s Why

Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RYFGet Free Report)’s share price dropped 0.5% on Monday . The company traded as low as $71.67 and last traded at $72.12. Approximately 4,099 shares were traded during mid-day trading, a decline of 91% from the average daily volume of 43,626 shares. The stock had previously closed at $72.52.

Invesco S&P 500 Equal Weight Financials ETF Trading Down 0.5 %

The firm has a market cap of $310.13 million, a P/E ratio of 15.94 and a beta of 1.07. The business’s fifty day simple moving average is $73.90 and its 200-day simple moving average is $71.64.

About Invesco S&P 500 Equal Weight Financials ETF

(Get Free Report)

The Invesco S&P 500 Equal Weight Financials ETF (RYF) is an exchange-traded fund that is based on the S&P 500 Equal Weighted \u002F Financials index. The fund tracks an equal-weighted index of financial stocks pulled from the S&P 500. RYF was launched on Nov 1, 2006 and is managed by Invesco.

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