Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTM) Trading Down 0.7%

Shares of Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTMGet Free Report) were down 0.7% during mid-day trading on Tuesday . The company traded as low as $35.87 and last traded at $36.01. Approximately 36,628 shares were traded during mid-day trading, an increase of 250% from the average daily volume of 10,472 shares. The stock had previously closed at $36.26.

Invesco S&P 500 Equal Weight Materials ETF Stock Down 0.7 %

The company has a market cap of $348.58 million, a PE ratio of 11.57 and a beta of 1.10. The stock has a 50-day moving average of $43.62 and a 200-day moving average of $38.45.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Lido Advisors LLC increased its stake in Invesco S&P 500 Equal Weight Materials ETF by 5.8% in the first quarter. Lido Advisors LLC now owns 1,570 shares of the company’s stock valued at $256,000 after acquiring an additional 86 shares during the last quarter. Baird Financial Group Inc. grew its stake in shares of Invesco S&P 500 Equal Weight Materials ETF by 3.2% during the first quarter. Baird Financial Group Inc. now owns 3,450 shares of the company’s stock valued at $637,000 after buying an additional 108 shares during the last quarter. FMR LLC grew its stake in shares of Invesco S&P 500 Equal Weight Materials ETF by 130.2% during the second quarter. FMR LLC now owns 198 shares of the company’s stock valued at $31,000 after buying an additional 112 shares during the last quarter. PGIM Custom Harvest LLC grew its stake in shares of Invesco S&P 500 Equal Weight Materials ETF by 7.5% during the first quarter. PGIM Custom Harvest LLC now owns 2,528 shares of the company’s stock valued at $411,000 after buying an additional 177 shares during the last quarter. Finally, KC Investment Advisors LLC grew its stake in shares of Invesco S&P 500 Equal Weight Materials ETF by 9.2% during the first quarter. KC Investment Advisors LLC now owns 2,789 shares of the company’s stock valued at $515,000 after buying an additional 235 shares during the last quarter.

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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