Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTM) Trading 0.1% Higher

Shares of Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTM) rose 0.1% during trading on Tuesday . The stock traded as high as $34.73 and last traded at $34.54. Approximately 22,429 shares changed hands during trading, an increase of 114% from the average daily volume of 10,472 shares. The stock had previously closed at $34.51.

Invesco S&P 500 Equal Weight Materials ETF Stock Performance

The company’s 50-day moving average is $44.51 and its 200 day moving average is $37.11. The company has a market capitalization of $279.09 million, a PE ratio of 16.75 and a beta of 1.26.

Institutional Trading of Invesco S&P 500 Equal Weight Materials ETF

A number of institutional investors have recently made changes to their positions in RTM. Cary Street Partners Investment Advisory LLC grew its position in Invesco S&P 500 Equal Weight Materials ETF by 400.0% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 750 shares of the company’s stock valued at $118,000 after buying an additional 600 shares during the period. Oakworth Capital Inc. grew its position in Invesco S&P 500 Equal Weight Materials ETF by 400.0% during the third quarter. Oakworth Capital Inc. now owns 1,020 shares of the company’s stock valued at $160,000 after buying an additional 816 shares during the period. Tanglewood Legacy Advisors LLC grew its position in Invesco S&P 500 Equal Weight Materials ETF by 400.0% during the third quarter. Tanglewood Legacy Advisors LLC now owns 1,065 shares of the company’s stock valued at $167,000 after buying an additional 852 shares during the period. Blair William & Co. IL grew its position in Invesco S&P 500 Equal Weight Materials ETF by 400.2% during the third quarter. Blair William & Co. IL now owns 2,996 shares of the company’s stock valued at $470,000 after buying an additional 2,397 shares during the period. Finally, Key Financial Inc grew its position in Invesco S&P 500 Equal Weight Materials ETF by 400.0% during the third quarter. Key Financial Inc now owns 3,010 shares of the company’s stock valued at $472,000 after buying an additional 2,408 shares during the period.

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.