Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTM) Shares Up 2.2% – Here’s Why

Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTMGet Free Report) shares rose 2.2% during mid-day trading on Monday . The stock traded as high as $39.30 and last traded at $39.30. 10,379 shares changed hands during trading, a decline of 1% from the average session volume of 10,472 shares. The stock had previously closed at $38.44.

Invesco S&P 500 Equal Weight Materials ETF Trading Up 2.2%

The firm has a fifty day simple moving average of $38.86 and a 200 day simple moving average of $38.73. The stock has a market cap of $82.92 million, a price-to-earnings ratio of 21.19 and a beta of 1.10.

Invesco S&P 500 Equal Weight Materials ETF Company Profile

(Get Free Report)

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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