Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTM) Shares Down 1.4% – Time to Sell?

Shares of Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTMGet Free Report) were down 1.4% on Monday . The company traded as low as $31.57 and last traded at $31.85. Approximately 24,337 shares traded hands during mid-day trading, an increase of 132% from the average daily volume of 10,472 shares. The stock had previously closed at $32.29.

Invesco S&P 500 Equal Weight Materials ETF Trading Down 1.4 %

The firm’s fifty day moving average price is $33.27 and its 200-day moving average price is $42.39. The company has a market cap of $186.64 million, a price-to-earnings ratio of 22.12 and a beta of 1.12.

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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