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

Shares of Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTMGet Free Report) were up 0.4% on Monday . The company traded as high as $37.25 and last traded at $37.21. Approximately 23,192 shares changed hands during trading, an increase of 121% from the average daily volume of 10,472 shares. The stock had previously closed at $37.06.

Invesco S&P 500 Equal Weight Materials ETF Stock Performance

The stock has a market capitalization of $301.03 million, a PE ratio of 16.81 and a beta of 1.20. The stock’s 50-day moving average price is $42.98 and its two-hundred day moving average price is $44.88.

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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