Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RYE) Trading Down 2.5% – Here’s Why

Shares of Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RYEGet Free Report) traded down 2.5% on Monday . The company traded as low as $79.00 and last traded at $79.06. 57,388 shares changed hands during trading, a decline of 32% from the average session volume of 84,640 shares. The stock had previously closed at $81.12.

Invesco S&P 500 Equal Weight Energy ETF Stock Performance

The stock has a market cap of $598.30 million, a P/E ratio of 12.22 and a beta of 0.60. The company has a 50-day simple moving average of $79.24 and a 200-day simple moving average of $78.59.

About Invesco S&P 500 Equal Weight Energy ETF

(Get Free Report)

The Invesco S&P 500 Equal Weight Energy ETF (RYE) is an exchange-traded fund that is based on the S&P 500 Equal Weight Energy Plus index. The fund tracks an equal-weighted index of US energy companies in the S&P 500. RYE was launched on Nov 1, 2006 and is managed by Invesco.

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