Today’s ETF On Watch: Guggenheim S&P 500 Eq Wt Indls ETF (RGI) Rises 0.88% for Nov 24

November 24, 2016 - By kentuckypostne   ·   0 Comments

Nov 24 is a positive day so far for Guggenheim S&P 500 Eq Wt Indls ETF (NYSEARCA:RGI) as the ETF is active during the day after gaining 0.88% to hit $99.47 per share. The exchange traded fund has 117.76 million net assets and 1.10% volatility this month.

Over the course of the day 5,071 shares traded hands, as compared to an average volume of 20,330 over the last 30 days for Guggenheim S&P 500 Eq Wt Indls ETF (NYSEARCA:RGI).

The ETF is 0.11% of its 52-Week High and 33.64% of its low, and is currently having ATR of 1.23. This year’s performance is 16.55% while this quarter’s performance is 3.58%.

The ETF’s YTD performance is 10.74%, the 1 year is 7.96% and the 3 year is 7.41%.

The ETF’s average P/E ratio is 17.4, the price to book is 3.22, the price to sales is 1.34 and the price to cashflow is 8.83. It was started on 11/07/2006. The fund’s top holdings are: Quanta Services Inc. Common St for 1.66% of assets, Boeing Company (The) Common Sto for 1.62%, Delta Air Lines Inc. Common St for 1.62%, CSX Corporation for 1.60%, Cummins Inc. Common Stock for 1.60%, Northrop Grumman Corporation Co for 1.60%, FedEx Corporation Common Stock for 1.59%, Deere & Company Common Stock for 1.57%, Southwest Airlines Company Comm for 1.57%, United Continental Holdings for 1.57%. The ETF sector weights are: Basic Materials 1.36%, Consumer Cyclical 2.91%, Industrials 93.00%, Technology 2.73%. The ETF currently as 1.49% yield.

More notable recent Rydex S&P Equal Weight Industrials (ETF) (NYSEARCA:RGI) news were published by: Globenewswire.com which released: “Guggenheim Investments to Rename Legacy Rydex|SGI ETFs With Guggenheim Name” on February 29, 2012, also Etftrends.com with their article: “ETF Spotlight: Equal-Weight S&P 500” published on December 06, 2011, Seekingalpha.com published: “Best in Class ETFs in Industrials, Defense and Transportation Sectors” on June 15, 2011. More interesting news about Rydex S&P Equal Weight Industrials (ETF) (NYSEARCA:RGI) were released by: Marketwatch.com and their article: “How equal-weight ETFs have lost their balance” published on March 04, 2013 as well as Benzinga.com‘s news article titled: “Guggenheim Introduces Equal-Weight S&P 100 ETF” with publication date: June 30, 2016.

Rydex S&P Equal Weight Industrials ETF seeks to replicate as closely as possible the performance of the S&P Equal Weight Index Industrials (the Index). The ETF has a market cap of $117.76 million. The Index is an unmanaged equal-weighted version of the S&P 500 Industrials Index that consists of the common stocks of industries, such as aerospace and defense, building products, construction and engineering, electrical equipment, conglomerates, machinery, commercial services and supplies, air freight and logistics, airlines, and marine, road and rail transportation infrastructure that comprise the industrials sector of the S&P 500 Index. It currently has negative earnings. The Fund uses a passive management strategy, known as replication, to track the performance of the Index.

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