Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTM) Trading Up 0.5% – Time to Buy?

Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTMGet Free Report) shares rose 0.5% during mid-day trading on Monday . The stock traded as high as $32.89 and last traded at $32.88. Approximately 32,231 shares traded hands during trading, an increase of 208% from the average daily volume of 10,472 shares. The stock had previously closed at $32.71.

Invesco S&P 500 Equal Weight Materials ETF Stock Performance

The stock has a market capitalization of $198.27 million, a P/E ratio of 17.29 and a beta of 1.11. The stock has a 50-day moving average price of $33.38 and a two-hundred day moving average price of $42.77.

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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