Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RYF) Trading Down 1.8% – Here’s What Happened

Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RYF) was down 1.8% during trading on Tuesday . The company traded as low as $74.4242 and last traded at $74.92. Approximately 29,807 shares changed hands during mid-day trading, a decline of 32% from the average daily volume of 43,626 shares. The stock had previously closed at $76.30.

Invesco S&P 500 Equal Weight Financials ETF Price Performance

The company has a market cap of $452.52 million, a PE ratio of 17.29 and a beta of 1.07. The company’s 50 day simple moving average is $77.98 and its two-hundred day simple moving average is $77.21.

Invesco S&P 500 Equal Weight Financials ETF Company Profile

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.