Bank of America Corp DE Sells 5,073 Shares of Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTM)

Bank of America Corp DE lessened its position in Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTM) by 14.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,067 shares of the company’s stock after selling 5,073 shares during the period. Bank of America Corp DE’s holdings in Invesco S&P 500 Equal Weight Materials ETF were worth $3,406,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Raymond James Financial Services Advisors Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight Materials ETF by 83.0% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 15,788 shares of the company’s stock worth $1,665,000 after buying an additional 7,162 shares during the last quarter. FormulaFolio Investments LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Materials ETF during the 1st quarter worth about $968,000. Cambridge Investment Research Advisors Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight Materials ETF by 22.9% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 4,166 shares of the company’s stock worth $439,000 after buying an additional 775 shares during the last quarter. Lido Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Materials ETF during the 1st quarter worth about $352,000. Finally, Meridian Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Materials ETF during the 1st quarter worth about $30,000.

NYSEARCA RTM opened at $110.50 on Friday. The firm has a 50-day moving average of $106.62 and a 200-day moving average of $106.34. Invesco S&P 500 Equal Weight Materials ETF has a 52-week low of $88.53 and a 52-week high of $113.81.

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

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