Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RCD) Shares Down 1.2% – Time to Sell?

Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RCDGet Free Report)’s stock price dropped 1.2% on Friday . The stock traded as low as $23.70 and last traded at $23.71. Approximately 47,687 shares traded hands during mid-day trading, an increase of 17% from the average daily volume of 40,825 shares. The stock had previously closed at $24.00.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Trading Down 1.2 %

The firm’s fifty day moving average price is $24.45 and its 200-day moving average price is $41.08. The company has a market cap of $95.31 million, a price-to-earnings ratio of 17.75 and a beta of 1.40.

About Invesco S&P 500 Equal Weight Consumer Discretionary ETF

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Guggenheim S&P 500 Equal Weight Consumer Discretionary ETF (the Fund), formerly Rydex S&P Equal Weight Consumer Discretionary ETF, seeks to replicate as closely as possible the performance of the S&P Equal Weight Index Consumer Discretionary (the Index). The Index is an unmanaged equal-weighted version of the S&P 500 Consumer Discretionary Index that consists of the common stocks of industries, such as automobiles and components, consumer durables, apparel, hotels, restaurants, leisure, media and retailing that comprise the consumer discretionary sector of the S&P 500 Index.

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