Mirae Asset Global Investments Co. Ltd. Has $134,000 Position in Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RSPM)

Mirae Asset Global Investments Co. Ltd. cut its position in shares of Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RSPM) by 87.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,140 shares of the company’s stock after selling 28,110 shares during the period. Mirae Asset Global Investments Co. Ltd. owned 0.05% of Invesco S&P 500 Equal Weight Materials ETF worth $134,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Obsidian Personal Planning Solutions LLC increased its stake in shares of Invesco S&P 500 Equal Weight Materials ETF by 10.5% during the third quarter. Obsidian Personal Planning Solutions LLC now owns 138,167 shares of the company’s stock worth $5,038,000 after purchasing an additional 13,141 shares during the period. Friedenthal Financial grew its holdings in Invesco S&P 500 Equal Weight Materials ETF by 4.7% in the 3rd quarter. Friedenthal Financial now owns 105,135 shares of the company’s stock valued at $3,929,000 after buying an additional 4,754 shares in the last quarter. Private Advisor Group LLC increased its position in Invesco S&P 500 Equal Weight Materials ETF by 28.4% during the 3rd quarter. Private Advisor Group LLC now owns 22,575 shares of the company’s stock worth $844,000 after buying an additional 4,999 shares during the period. Creative Financial Designs Inc. ADV lifted its holdings in shares of Invesco S&P 500 Equal Weight Materials ETF by 5.4% during the third quarter. Creative Financial Designs Inc. ADV now owns 14,465 shares of the company’s stock worth $541,000 after buying an additional 739 shares in the last quarter. Finally, Harbour Investments Inc. boosted its position in shares of Invesco S&P 500 Equal Weight Materials ETF by 7.3% in the third quarter. Harbour Investments Inc. now owns 7,375 shares of the company’s stock valued at $276,000 after acquiring an additional 500 shares during the period.

Invesco S&P 500 Equal Weight Materials ETF Stock Performance

NYSEARCA:RSPM opened at $33.71 on Friday. Invesco S&P 500 Equal Weight Materials ETF has a 52 week low of $32.12 and a 52 week high of $37.85. The firm’s 50-day simple moving average is $33.69 and its 200 day simple moving average is $35.24. The firm has a market cap of $276.76 million, a price-to-earnings ratio of 16.13 and a beta of 1.21.

About Invesco S&P 500 Equal Weight Materials ETF

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.