Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RHS) Shares Down 1.6% – Here’s What Happened

Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RHS) shares traded down 1.6% on Wednesday . The company traded as low as $32.23 and last traded at $32.56. 325,191 shares changed hands during mid-day trading, an increase of 355% from the average session volume of 71,436 shares. The stock had previously closed at $33.09.

Invesco S&P 500 Equal Weight Consumer Staples ETF Trading Down 1.6%

The stock has a market capitalization of $203.50 million, a P/E ratio of 17.03 and a beta of 0.59. The business has a fifty day simple moving average of $30.45 and a 200 day simple moving average of $29.97.

About Invesco S&P 500 Equal Weight Consumer Staples ETF

Rydex S&P Equal Weight Consumer Staples ETF (the Fund) seeks replicate as closely as possible the performance of the S&P Equal Weight Index Consumer Staples (the Index). The Index is an unmanaged equal-weighted version of the S&P 500 Consumer Staples Index that consists of the common stocks of industries, such as food and drug retailing, beverages, food products, tobacco, household products and personal products that comprise the consumer staples sector of the S&P 500 Index. The Fund uses a passive management strategy, known as replication, to track the performance of the Index.