Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RHS) Trading Down 1.7% – Should You Sell?

Shares of Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RHSGet Free Report) dropped 1.7% on Thursday . The stock traded as low as $30.72 and last traded at $30.72. Approximately 47,777 shares were traded during trading, a decline of 33% from the average daily volume of 71,436 shares. The stock had previously closed at $31.26.

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

The company’s 50-day moving average is $44.93 and its 200-day moving average is $40.89. The firm has a market capitalization of $408.88 million, a price-to-earnings ratio of 16.47 and a beta of 0.70.

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

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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.

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