Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTM) Share Price Crosses Below 50-Day Moving Average of $49.76

Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTMGet Free Report)’s stock price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $49.76 and traded as low as $35.81. Invesco S&P 500 Equal Weight Materials ETF shares last traded at $36.01, with a volume of 18,193 shares.

Invesco S&P 500 Equal Weight Materials ETF Stock Performance

The business has a fifty day simple moving average of $49.76 and a 200 day simple moving average of $44.92. The company has a market cap of $291.32 million, a P/E ratio of 16.81 and a beta of 1.20.

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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