Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTM) Trading 2.2% Higher – Here’s Why

Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTM – Get Free Report)’s share price traded up 2.2% during mid-day trading on Monday . The stock traded as high as $39.30 and last traded at $39.30. 10,379 shares traded hands during mid-day trading, a decline of 1% from the average session volume of 10,472 shares. The stock had previously closed at $38.44.

Invesco S&P 500 Equal Weight Materials ETF Trading Up 2.2%

The stock has a market cap of $82.92 million, a P/E ratio of 21.19 and a beta of 1.10. The company’s fifty day simple moving average is $38.86 and its 200-day simple moving average is $38.73.

Invesco S&P 500 Equal Weight Materials ETF Company Profile

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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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