Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYT) Sets New 1-Year Low – Time to Sell?

Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYTGet Free Report) hit a new 52-week low on Monday . The company traded as low as $37.20 and last traded at $37.37, with a volume of 260424 shares. The stock had previously closed at $37.55.

Invesco S&P 500 Equal Weight Technology ETF Stock Performance

The stock has a market cap of $4.34 billion, a P/E ratio of 27.74 and a beta of 1.66. The stock has a fifty day simple moving average of $60.83 and a 200-day simple moving average of $56.51.

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.

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