Wilbanks Smith & Thomas Asset Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RSPM – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 8,673 shares of the company’s stock, valued at approximately $292,000.
Other large investors have also modified their holdings of the company. Tanglewood Legacy Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Materials ETF in the 4th quarter valued at $36,000. Key Financial Inc acquired a new position in shares of Invesco S&P 500 Equal Weight Materials ETF in the fourth quarter worth about $101,000. Private Trust Co. NA purchased a new position in shares of Invesco S&P 500 Equal Weight Materials ETF in the fourth quarter worth approximately $102,000. Oakworth Capital Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight Materials ETF in the fourth quarter worth approximately $120,000. Finally, Allworth Financial LP acquired a new stake in shares of Invesco S&P 500 Equal Weight Materials ETF during the fourth quarter valued at approximately $139,000.
Invesco S&P 500 Equal Weight Materials ETF Stock Performance
Invesco S&P 500 Equal Weight Materials ETF stock opened at $35.29 on Friday. Invesco S&P 500 Equal Weight Materials ETF has a 52 week low of $28.92 and a 52 week high of $36.55. The firm has a market capitalization of $290.46 million, a price-to-earnings ratio of 16.82 and a beta of 1.24. The company has a 50 day moving average price of $35.08 and a 200 day moving average price of $33.03.
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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