Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTM – Get Free Report)’s share price fell 0.1% during mid-day trading on Tuesday. The company traded as low as $37.22 and last traded at $37.37. Approximately 10,982 shares traded hands during mid-day trading, an increase of 5% from the average session volume of 10,472 shares. The stock had previously closed at $37.40.
Invesco S&P 500 Equal Weight Materials ETF Price Performance
The firm’s 50-day moving average price is $39.39 and its 200 day moving average price is $39.15. The firm has a market cap of $78.85 million, a P/E ratio of 21.19 and a beta of 1.10.
Institutional Trading of Invesco S&P 500 Equal Weight Materials ETF
An institutional investor recently bought a new position in Invesco S&P 500 Equal Weight Materials ETF stock. Capital Square LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTM – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 7,878 shares of the company’s stock, valued at approximately $304,000. Capital Square LLC owned approximately 0.37% of Invesco S&P 500 Equal Weight Materials ETF as of its most recent SEC filing.
About Invesco S&P 500 Equal Weight Materials ETF
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.
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