McKinley Carter Wealth Services Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RSPM – Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 18,183 shares of the company’s stock, valued at approximately $676,000.
Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Maltin Wealth Management Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight Materials ETF by 0.9% in the 3rd quarter. Maltin Wealth Management Inc. now owns 99,477 shares of the company’s stock worth $3,698,000 after purchasing an additional 931 shares in the last quarter. First Heartland Consultants Inc. acquired a new stake in Invesco S&P 500 Equal Weight Materials ETF in the 3rd quarter valued at $293,000. Planning Strategies Inc. grew its position in Invesco S&P 500 Equal Weight Materials ETF by 7.1% in the 3rd quarter. Planning Strategies Inc. now owns 6,449 shares of the company’s stock valued at $240,000 after purchasing an additional 425 shares during the period. Envestnet Portfolio Solutions Inc. acquired a new stake in Invesco S&P 500 Equal Weight Materials ETF in the 2nd quarter valued at $267,000. Finally, Integrated Wealth Concepts LLC acquired a new stake in Invesco S&P 500 Equal Weight Materials ETF in the 2nd quarter valued at $61,000.
Invesco S&P 500 Equal Weight Materials ETF Trading Up 0.5%
Shares of RSPM stock opened at $38.67 on Friday. The firm has a market capitalization of $177.11 million, a PE ratio of 21.25 and a beta of 0.92. The firm has a fifty day simple moving average of $39.22 and a two-hundred day simple moving average of $39.17. Invesco S&P 500 Equal Weight Materials ETF has a 12 month low of $30.98 and a 12 month high of $41.71.
Invesco S&P 500 Equal Weight Materials ETF Profile
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.
Featured Stories
- Five stocks we like better than Invesco S&P 500 Equal Weight Materials ETF
- Rocket Lab’s Neutron Delay Leaves Wall Street Bullish But Raises the Stakes for 2027
- ManpowerGroup Stock Sinks on Q3 Results, But Fundamentals Stay Solid
- Does the AI Selloff Put Alphabet’s Breakout in Doubt?
- Bank Earnings Are Mixed—These 2 ETFs Offer Very Different Paths to a Recovery
Want to see what other hedge funds are holding RSPM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RSPM – Free Report).
Receive News & Ratings for Invesco S&P 500 Equal Weight Materials ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Equal Weight Materials ETF and related companies with MarketBeat.com's FREE daily email newsletter.
