Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYT) Reaches New 52-Week Low – Should You Sell?

Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYTGet Free Report) shares reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $38.53 and last traded at $38.79, with a volume of 168116 shares traded. The stock had previously closed at $38.41.

Invesco S&P 500 Equal Weight Technology ETF Trading Up 1.0 %

The stock has a 50 day simple moving average of $60.96 and a 200 day simple moving average of $56.57. The firm has a market capitalization of $4.40 billion, a PE ratio of 27.74 and a beta of 1.66.

Invesco S&P 500 Equal Weight Technology ETF Company Profile

(Get Free Report)

The Invesco S&P 500 Equal Weight Technology ETF (RYT) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks an equal-weighted index of S&P 500 technology companies. RYT was launched on Nov 1, 2006 and is managed by Invesco.

Recommended Stories

Receive News & Ratings for Invesco S&P 500 Equal Weight Technology ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Equal Weight Technology ETF and related companies with MarketBeat.com's FREE daily email newsletter.