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

Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RYH)’s share price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $30.82 and last traded at $31.04, with a volume of 64607 shares changing hands. The stock had previously closed at $30.68.

Invesco S&P 500 Equal Weight Health Care ETF Stock Performance

The firm has a market capitalization of $989.87 million, a P/E ratio of 24.11 and a beta of 1.03. The stock’s 50 day simple moving average is $67.12 and its 200 day simple moving average is $56.23.

About Invesco S&P 500 Equal Weight Health Care ETF

The Invesco S&P 500 Equal Weight Health Care ETF (RYH) is an exchange-traded fund that mostly invests in health care equity. The fund tracks an equal-weighted index of US health care companies taken from the S&P 500 Index. RYH was launched on Nov 1, 2006 and is managed by Invesco.