Shares of Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTM – Get Free Report) dropped 0.8% during mid-day trading on Tuesday . The company traded as low as $34.01 and last traded at $34.04. Approximately 38,466 shares were traded during mid-day trading, an increase of 267% from the average daily volume of 10,472 shares. The stock had previously closed at $34.31.
Invesco S&P 500 Equal Weight Materials ETF Stock Performance
The firm has a market cap of $267.37 million, a P/E ratio of 16.81 and a beta of 1.20. The business has a 50-day simple moving average of $53.17 and a 200 day simple moving average of $48.39.
About Invesco S&P 500 Equal Weight Materials ETF
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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