Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RHS) Trading Down 1.7% – Here’s Why

Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RHS)’s share price was down 1.7% during mid-day trading on Thursday . The company traded as low as $30.72 and last traded at $30.72. Approximately 47,777 shares changed hands during trading, a decline of 33% from the average daily volume of 71,436 shares. The stock had previously closed at $31.26.

Invesco S&P 500 Equal Weight Consumer Staples ETF Price Performance

The stock’s 50-day moving average is $44.93 and its 200 day moving average is $40.89. The stock has a market cap of $408.88 million, a price-to-earnings ratio of 16.47 and a beta of 0.70.

Invesco S&P 500 Equal Weight Consumer Staples ETF Company Profile

Rydex S&P Equal Weight Consumer Staples ETF (the Fund) seeks replicate as closely as possible the performance of the S&P Equal Weight Index Consumer Staples (the Index). The Index is an unmanaged equal-weighted version of the S&P 500 Consumer Staples Index that consists of the common stocks of industries, such as food and drug retailing, beverages, food products, tobacco, household products and personal products that comprise the consumer staples sector of the S&P 500 Index.