Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTM) Trading 0.3% Higher – Time to Buy?

Shares of Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTM) rose 0.3% on Friday . The stock traded as high as $37.22 and last traded at $37.0788. Approximately 15,181 shares were traded during trading, an increase of 45% from the average daily volume of 10,472 shares. The stock had previously closed at $36.97.

Invesco S&P 500 Equal Weight Materials ETF Stock Up 0.3%

The stock has a market capitalization of $78.24 million, a PE ratio of 21.19 and a beta of 1.10. The company has a 50-day moving average of $33.73 and a 200 day moving average of $33.29.

Invesco S&P 500 Equal Weight Materials ETF Company Profile

The Invesco S&P 500 Equal Weight Materials ETF (RTM) is an exchange-traded fund that is based on the S&P 500 Equal Weighted \u002F Materials index. The fund tracks an equal-weighted index of US materials companies in the S&P 500. RTM was launched on Nov 1, 2006 and is managed by Invesco.