Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTM) Stock Price Up 0.1%

Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTM) shares rose 0.1% during trading on Tuesday . The company traded as high as $34.73 and last traded at $34.54. Approximately 22,429 shares were traded 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 Up 0.1 %

The firm has a market cap of $279.09 million, a price-to-earnings ratio of 16.75 and a beta of 1.26. The business has a 50 day moving average of $44.51 and a 200 day moving average of $37.11.

Hedge Funds Weigh In On Invesco S&P 500 Equal Weight Materials ETF

Several large investors have recently added to or reduced their stakes in RTM. Cary Street Partners Investment Advisory LLC lifted 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 worth $118,000 after buying an additional 600 shares during the period. Oakworth Capital Inc. lifted 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 worth $160,000 after buying an additional 816 shares during the period. Tanglewood Legacy Advisors LLC raised its holdings in shares of Invesco S&P 500 Equal Weight Materials ETF by 400.0% in the 3rd quarter. Tanglewood Legacy Advisors LLC now owns 1,065 shares of the company’s stock worth $167,000 after purchasing an additional 852 shares during the period. Blair William & Co. IL raised its holdings in shares of Invesco S&P 500 Equal Weight Materials ETF by 400.2% in the 3rd quarter. Blair William & Co. IL now owns 2,996 shares of the company’s stock worth $470,000 after purchasing an additional 2,397 shares during the period. Finally, Key Financial Inc raised its holdings in shares of Invesco S&P 500 Equal Weight Materials ETF by 400.0% in the 3rd quarter. Key Financial Inc now owns 3,010 shares of the company’s stock worth $472,000 after purchasing an additional 2,408 shares during the 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.