Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTM) Stock Price Up 0.7% – Time to Buy?

Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTMGet Free Report)’s stock price shot up 0.7% on Friday . The stock traded as high as $40.65 and last traded at $40.48. 25,472 shares traded hands during trading, an increase of 143% from the average session volume of 10,472 shares. The stock had previously closed at $40.19.

Invesco S&P 500 Equal Weight Materials ETF Price Performance

The stock has a market capitalization of $85.24 million, a P/E ratio of 21.19 and a beta of 1.10. The stock’s fifty day moving average price is $37.44 and its 200 day moving average price is $34.46.

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.

Further Reading

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