Oakworth Capital Inc. Invests $120,000 in Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RSPM)

Oakworth Capital Inc. bought a new position in shares of Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RSPM) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 3,570 shares of the company’s stock, valued at approximately $120,000.

Other institutional investors also recently modified their holdings of the company. Tanglewood Legacy Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight Materials ETF in the fourth quarter worth about $36,000. Private Trust Co. NA purchased a new stake in Invesco S&P 500 Equal Weight Materials ETF in the fourth quarter worth about $102,000. Allworth Financial LP purchased a new stake in Invesco S&P 500 Equal Weight Materials ETF in the fourth quarter worth about $139,000. Geneos Wealth Management Inc. purchased a new stake in Invesco S&P 500 Equal Weight Materials ETF in the fourth quarter worth about $153,000. Finally, Strategic Blueprint LLC purchased a new stake in Invesco S&P 500 Equal Weight Materials ETF in the fourth quarter worth about $249,000.

Invesco S&P 500 Equal Weight Materials ETF Stock Performance

Shares of RSPM opened at $34.43 on Thursday. Invesco S&P 500 Equal Weight Materials ETF has a one year low of $28.92 and a one year high of $36.55. The company has a 50-day simple moving average of $34.63 and a two-hundred day simple moving average of $32.70.

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.