Peak Financial Management Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RSPM – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 39,185 shares of the company’s stock, valued at approximately $1,318,000. Peak Financial Management Inc. owned approximately 0.41% of Invesco S&P 500 Equal Weight Materials ETF as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also recently modified their holdings of RSPM. Walker Asset Management LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Materials ETF during the fourth quarter valued at approximately $331,000. Raymond James & Associates bought a new stake in shares of Invesco S&P 500 Equal Weight Materials ETF in the 4th quarter worth $351,000. Schechter Investment Advisors LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Materials ETF in the fourth quarter valued at about $419,000. Creative Financial Designs Inc. ADV bought a new position in shares of Invesco S&P 500 Equal Weight Materials ETF during the fourth quarter valued at about $427,000. Finally, WNY Asset Management LLC purchased a new position in Invesco S&P 500 Equal Weight Materials ETF during the third quarter worth about $624,000.
Invesco S&P 500 Equal Weight Materials ETF Trading Up 0.6 %
NYSEARCA:RSPM opened at $36.33 on Friday. The firm has a 50-day moving average price of $33.65 and a two-hundred day moving average price of $32.27. Invesco S&P 500 Equal Weight Materials ETF has a 52 week low of $28.92 and a 52 week high of $36.41.
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.
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