Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTM – Get Free Report)’s share price was down 0.1% during trading on Tuesday. The stock traded as low as $37.22 and last traded at $37.37. 10,982 shares changed hands during trading, an increase of 5% from the average daily 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 has a market cap of $78.85 million, a price-to-earnings ratio of 21.19 and a beta of 1.10. The business’s 50-day moving average price is $39.39 and its two-hundred day moving average price is $39.15.
Institutional Inflows and Outflows
An institutional investor recently bought a new stake in Invesco S&P 500 Equal Weight Materials ETF stock. Capital Square LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTM – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm 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 at the end of the most recent reporting period.
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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