Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTM) Shares Down 1.1% – Time to Sell?

Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTMGet Free Report) shares dropped 1.1% on Tuesday . The stock traded as low as $36.48 and last traded at $36.56. Approximately 15,697 shares traded hands during mid-day trading, an increase of 50% from the average daily volume of 10,472 shares. The stock had previously closed at $36.95.

Invesco S&P 500 Equal Weight Materials ETF Stock Down 1.1 %

The stock has a fifty day moving average of $53.41 and a two-hundred day moving average of $48.51. The stock has a market cap of $295.77 million, a price-to-earnings ratio of 16.81 and a beta of 1.20.

About Invesco S&P 500 Equal Weight Materials ETF

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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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