Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTM) Shares Down 2.7% – What’s Next?

Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTMGet Free Report)’s stock price fell 2.7% on Friday . The company traded as low as $38.3580 and last traded at $38.49. 183,142 shares were traded during mid-day trading, an increase of 1,649% from the average session volume of 10,472 shares. The stock had previously closed at $39.5492.

Invesco S&P 500 Equal Weight Materials ETF Stock Performance

The business’s 50-day moving average is $35.38 and its 200-day moving average is $33.70. The company has a market capitalization of $83.18 million, a PE 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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