Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RYE) Sets New 1-Year High – Should You Buy?

Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RYEGet Free Report) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as $84.73 and last traded at $84.56, with a volume of 33155 shares traded. The stock had previously closed at $83.16.

Invesco S&P 500 Equal Weight Energy ETF Stock Up 1.7 %

The stock has a market capitalization of $623.21 million, a PE ratio of 12.22 and a beta of 0.60. The firm has a 50 day moving average price of $77.59 and a 200-day moving average price of $78.68.

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.

Further Reading

Receive News & Ratings for Invesco S&P 500 Equal Weight Energy 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 Energy ETF and related companies with MarketBeat.com's FREE daily email newsletter.