Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RHS) Shares Up 0.8% – Time to Buy?

Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RHS – Get Free Report) shares traded up 0.8% during mid-day trading on Wednesday. The stock traded as high as $29.10 and last traded at $29.0050. Approximately 90,200 shares traded hands during trading, an increase of 26% from the average daily volume of 71,436 shares. The stock had previously closed at $28.78.

Invesco S&P 500 Equal Weight Consumer Staples ETF Price Performance

The stock has a market cap of $181.28 million, a P/E ratio of 17.03 and a beta of 0.59. The firm’s 50-day moving average price is $30.50 and its 200-day moving average price is $30.13.

Invesco S&P 500 Equal Weight Consumer Staples ETF Company Profile

(Get Free Report)

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.

Further Reading

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