Jaffetilchin Investment Partners LLC purchased a new stake in Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RSPM – Free Report) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 9,587 shares of the company’s stock, valued at approximately $348,000. Jaffetilchin Investment Partners LLC owned approximately 0.12% of Invesco S&P 500 Equal Weight Materials ETF as of its most recent SEC filing.
Other large investors have also modified their holdings of the company. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in shares of Invesco S&P 500 Equal Weight Materials ETF during the 4th quarter valued at approximately $47,428,000. Avantax Advisory Services Inc. acquired a new stake in Invesco S&P 500 Equal Weight Materials ETF during the fourth quarter worth about $7,944,000. Miller Investment Management LP purchased a new position in shares of Invesco S&P 500 Equal Weight Materials ETF in the 4th quarter valued at $4,036,000. Obsidian Personal Planning Solutions LLC purchased a new position in Invesco S&P 500 Equal Weight Materials ETF in the 4th quarter worth approximately $3,620,000. Finally, Friedenthal Financial purchased a new stake in shares of Invesco S&P 500 Equal Weight Materials ETF during the fourth quarter worth about $3,217,000.
Invesco S&P 500 Equal Weight Materials ETF Trading Down 0.7 %
Invesco S&P 500 Equal Weight Materials ETF stock traded down $0.25 during midday trading on Thursday, reaching $35.76. 17,357 shares of the stock traded hands, compared to its average volume of 30,022. Invesco S&P 500 Equal Weight Materials ETF has a fifty-two week low of $28.92 and a fifty-two week high of $36.65. The firm has a market cap of $293.59 million, a price-to-earnings ratio of 16.13 and a beta of 1.21. The firm has a fifty day moving average price of $35.16 and a two-hundred day moving average price of $34.67.
Invesco S&P 500 Equal Weight Materials ETF 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.
Featured Stories
- Five stocks we like better than Invesco S&P 500 Equal Weight Materials ETF
- Top Biotech Stocks: Exploring Innovation Opportunities
- First Solar Stock: The Dawn of a New Rally in Share Prices
- Special Purpose Acquisition Company (SPAC) What You Need to Know
- Mastercard Stock’s Q2 Financial Results Outshine Competitors
- Conference Calls and Individual Investors
- Tobacco Giant’s Shares Fall on EPS Miss, Lackluster Pouch Gains
Want to see what other hedge funds are holding RSPM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RSPM – Free Report).
Receive News & Ratings for Invesco S&P 500 Equal Weight Materials ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Equal Weight Materials ETF and related companies with MarketBeat.com's FREE daily email newsletter.
