Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYT) Hits New 12-Month Low – Should You Sell?

Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYTGet Free Report)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as $38.68 and last traded at $38.89, with a volume of 195489 shares traded. The stock had previously closed at $38.92.

Invesco S&P 500 Equal Weight Technology ETF Trading Down 0.5 %

The firm has a market cap of $4.36 billion, a P/E ratio of 27.74 and a beta of 1.66. The business’s fifty day simple moving average is $56.86 and its 200-day simple moving average is $55.36.

About Invesco S&P 500 Equal Weight Technology ETF

(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.

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