Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTM) Trading 2.1% Higher – Time to Buy?

Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTMGet Free Report) shares traded up 2.1% on Monday . The company traded as high as $39.9481 and last traded at $39.90. 11,178 shares were traded during mid-day trading, an increase of 7% from the average session volume of 10,472 shares. The stock had previously closed at $39.08.

Invesco S&P 500 Equal Weight Materials ETF Price Performance

The stock’s 50 day simple moving average is $39.26 and its two-hundred day simple moving average is $37.75. The stock has a market cap of $84.62 million, a P/E ratio of 21.19 and a beta of 1.10.

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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