3,010 Shares in Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RSPM) Bought by Key Financial Inc

Key Financial Inc purchased a new position in shares of Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RSPM) in the 4th quarter, Holdings Channel reports. The firm purchased 3,010 shares of the company’s stock, valued at approximately $101,000.

Other hedge funds also recently bought and sold shares of the company. Tanglewood Legacy Advisors LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Materials ETF in the fourth quarter valued at $36,000. Private Trust Co. NA purchased a new stake in Invesco S&P 500 Equal Weight Materials ETF during the fourth quarter valued at about $102,000. Oakworth Capital Inc. purchased a new stake in Invesco S&P 500 Equal Weight Materials ETF during the fourth quarter valued at about $120,000. Allworth Financial LP purchased a new stake in Invesco S&P 500 Equal Weight Materials ETF during the fourth quarter valued at about $139,000. Finally, Geneos Wealth Management Inc. purchased a new stake in Invesco S&P 500 Equal Weight Materials ETF during the fourth quarter valued at about $153,000.

Invesco S&P 500 Equal Weight Materials ETF Price Performance

RSPM stock opened at $34.43 on Thursday. The stock has a 50-day moving average price of $34.63 and a two-hundred day moving average price of $32.70. Invesco S&P 500 Equal Weight Materials ETF has a 12-month low of $28.92 and a 12-month high of $36.55.

About Invesco S&P 500 Equal Weight Materials ETF

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.