Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTM – Get Free Report) dropped 1.4% during mid-day trading on Monday . The company traded as low as $31.57 and last traded at $31.85. Approximately 24,337 shares changed hands during mid-day trading, an increase of 132% from the average daily volume of 10,472 shares. The stock had previously closed at $32.29.
Invesco S&P 500 Equal Weight Materials ETF Stock Performance
The stock’s 50 day moving average price is $33.27 and its 200 day moving average price is $42.39. The company has a market capitalization of $186.64 million, a P/E ratio of 22.12 and a beta of 1.12.
About Invesco S&P 500 Equal Weight Materials ETF
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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