Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTM) Trading Up 0.4% – Here’s Why

Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTMGet Free Report) was up 0.4% during trading on Monday . The stock traded as high as $37.25 and last traded at $37.21. Approximately 23,192 shares changed hands during mid-day trading, an increase of 121% from the average daily volume of 10,472 shares. The stock had previously closed at $37.06.

Invesco S&P 500 Equal Weight Materials ETF Stock Up 0.8 %

The company has a market cap of $301.84 million, a P/E ratio of 16.81 and a beta of 1.20. The business has a 50-day moving average price of $40.64 and a two-hundred day moving average price of $44.90.

About Invesco S&P 500 Equal Weight Materials ETF

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The Invesco S&P 500 Equal Weight Materials ETF (RTM) is an exchange-traded fund that is based on the S&P 500 Equal Weighted \u002F Materials index. The fund tracks an equal-weighted index of US materials companies in the S&P 500. RTM was launched on Nov 1, 2006 and is managed by Invesco.

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