Citadel Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RSPM – Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 20,885 shares of the company’s stock, valued at approximately $680,000. Citadel Advisors LLC owned 0.25% of Invesco S&P 500 Equal Weight Materials ETF at the end of the most recent quarter.
Several other institutional investors and hedge funds have also bought and sold shares of RSPM. Harbour Investments Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight Materials ETF by 4.3% in the 4th quarter. Harbour Investments Inc. now owns 7,690 shares of the company’s stock valued at $250,000 after acquiring an additional 315 shares in the last quarter. Tower Research Capital LLC TRC raised its stake in Invesco S&P 500 Equal Weight Materials ETF by 69.8% in the fourth quarter. Tower Research Capital LLC TRC now owns 7,978 shares of the company’s stock valued at $260,000 after purchasing an additional 3,279 shares in the last quarter. JPMorgan Chase & Co. raised its stake in Invesco S&P 500 Equal Weight Materials ETF by 56.5% in the fourth quarter. JPMorgan Chase & Co. now owns 10,326 shares of the company’s stock valued at $336,000 after purchasing an additional 3,730 shares in the last quarter. Lido Advisors LLC raised its stake in Invesco S&P 500 Equal Weight Materials ETF by 21.5% in the fourth quarter. Lido Advisors LLC now owns 10,500 shares of the company’s stock valued at $342,000 after purchasing an additional 1,855 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV raised its stake in Invesco S&P 500 Equal Weight Materials ETF by 18.8% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 17,184 shares of the company’s stock valued at $560,000 after purchasing an additional 2,719 shares in the last quarter.
Invesco S&P 500 Equal Weight Materials ETF Stock Performance
Invesco S&P 500 Equal Weight Materials ETF stock opened at $31.68 on Friday. Invesco S&P 500 Equal Weight Materials ETF has a fifty-two week low of $26.63 and a fifty-two week high of $37.85. The firm’s fifty day moving average price is $30.67 and its 200-day moving average price is $32.69. The stock has a market cap of $175.19 million, a P/E ratio of 23.10 and a beta of 1.06.
Invesco S&P 500 Equal Weight Materials ETF Company Profile
The Invesco S&P 500 Equal Weight Materials ETF (RSPM) is an exchange-traded fund that is based on the S&P 500 Equal Weighted / Materials index. The fund tracks an equal-weighted index of US materials companies in the S&P 500. RSPM was launched on Nov 1, 2006 and is managed by Invesco.
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