Invesco S&P 500 Equal Weight Consumer Staples ETF Gains 1.2%

Shares of the Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RHS) experienced a rise of 1.2% during trading on March 15, 2024. The stock reached a peak of $29.2550 before settling at $29.23 by the end of the session. Trading volume was approximately 59,433 shares, reflecting a decline of 17% compared to the average daily volume of 71,436 shares. The previous closing price was $28.89.

Market Performance Details

The Invesco S&P 500 Equal Weight Consumer Staples ETF currently has a market capitalization of $182.69 million. The fund is trading with a price-to-earnings (P/E) ratio of 17.03 and a beta of 0.59, indicating relatively low volatility compared to the market. The ETF’s fifty-day moving average stands at $29.12, while its 200-day moving average is $29.96.

The fund aims to replicate the performance of the S&P Equal Weight Index Consumer Staples, which is an unmanaged equal-weighted version of the S&P 500 Consumer Staples Index. This index includes stocks from various industries such as food and drug retailing, beverages, food products, tobacco, household products, and personal products that make up the consumer staples sector of the S&P 500 Index.

Investors looking for exposure to the consumer staples sector may find the Invesco S&P 500 Equal Weight Consumer Staples ETF an interesting option, especially given its recent performance and strategic positioning in the market.

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