Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTM) Trading Up 0.4% – Still a Buy?

Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTMGet Free Report)’s share price was up 0.4% during mid-day trading on Monday . The company traded as high as $36.75 and last traded at $36.46. Approximately 11,175 shares changed hands during mid-day trading, an increase of 7% from the average daily volume of 10,472 shares. The stock had previously closed at $36.32.

Invesco S&P 500 Equal Weight Materials ETF Stock Up 0.4 %

The firm has a market capitalization of $294.96 million, a PE ratio of 16.81 and a beta of 1.20. The firm’s 50 day moving average price is $46.01 and its two-hundred day moving average price is $46.69.

Invesco S&P 500 Equal Weight Materials ETF Company Profile

(Get Free Report)

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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