Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTM) Trading 0.3% Higher – Here’s Why

Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTMGet Free Report) shares traded up 0.3% on Friday . The stock traded as high as $34.38 and last traded at $34.3466. 3,800 shares were traded during mid-day trading, a decline of 64% from the average session volume of 10,472 shares. The stock had previously closed at $34.26.

Invesco S&P 500 Equal Weight Materials ETF Trading Up 0.7%

The business’s fifty day simple moving average is $32.80 and its 200 day simple moving average is $32.98. The stock has a market cap of $72.96 million, a price-to-earnings ratio of 21.19 and a beta of 1.10.

About Invesco S&P 500 Equal Weight Materials ETF

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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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