McKinley Carter Wealth Services Inc. Cuts Position in Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTM)

McKinley Carter Wealth Services Inc. decreased its holdings in Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTMGet Rating) by 5.2% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 12,950 shares of the company’s stock after selling 707 shares during the quarter. McKinley Carter Wealth Services Inc.’s holdings in Invesco S&P 500 Equal Weight Materials ETF were worth $2,006,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. Lido Advisors LLC raised its holdings in Invesco S&P 500 Equal Weight Materials ETF by 3.9% in the first quarter. Lido Advisors LLC now owns 2,685 shares of the company’s stock valued at $495,000 after buying an additional 102 shares during the period. Baird Financial Group Inc. raised its holdings in Invesco S&P 500 Equal Weight Materials ETF by 3.2% in 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 period. Private Advisor Group LLC raised its stake in shares of Invesco S&P 500 Equal Weight Materials ETF by 6.3% during the fourth quarter. Private Advisor Group LLC now owns 1,953 shares of the company’s stock valued at $352,000 after purchasing an additional 116 shares during the period. V Wealth Advisors LLC raised its stake in shares of Invesco S&P 500 Equal Weight Materials ETF by 1.5% during the fourth quarter. V Wealth Advisors LLC now owns 8,109 shares of the company’s stock valued at $1,460,000 after purchasing an additional 119 shares during the period. Finally, Alphastar Capital Management LLC raised its stake in shares of Invesco S&P 500 Equal Weight Materials ETF by 7.1% during the first quarter. Alphastar Capital Management LLC now owns 2,029 shares of the company’s stock valued at $375,000 after purchasing an additional 135 shares during the period.

Invesco S&P 500 Equal Weight Materials ETF Trading Down 1.6 %

Shares of RTM traded down $2.32 during mid-day trading on Friday, reaching $146.88. 104,770 shares of the stock traded hands, compared to its average volume of 32,398. The stock has a fifty day simple moving average of $162.99 and a 200 day simple moving average of $170.66. Invesco S&P 500 Equal Weight Materials ETF has a 12-month low of $146.82 and a 12-month high of $192.32.

See Also

Want to see what other hedge funds are holding RTM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTMGet Rating).

Institutional Ownership by Quarter for Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTM)

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