Focus Financial Network Inc. cut its stake in Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RSPM – Free Report) by 33.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,674 shares of the company’s stock after selling 4,382 shares during the period. Focus Financial Network Inc. owned 0.11% of Invesco S&P 500 Equal Weight Materials ETF worth $283,000 at the end of the most recent reporting period.
Several other large investors have also bought and sold shares of RSPM. Harbour Investments Inc. boosted its stake in Invesco S&P 500 Equal Weight Materials ETF by 7.3% during the third quarter. Harbour Investments Inc. now owns 7,375 shares of the company’s stock worth $276,000 after acquiring an additional 500 shares in the last quarter. Creative Financial Designs Inc. ADV boosted its position in shares of Invesco S&P 500 Equal Weight Materials ETF by 5.4% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 14,465 shares of the company’s stock worth $541,000 after purchasing an additional 739 shares in the last quarter. Zions Bancorporation N.A. purchased a new stake in shares of Invesco S&P 500 Equal Weight Materials ETF in the 3rd quarter worth approximately $77,000. Friedenthal Financial increased its position in Invesco S&P 500 Equal Weight Materials ETF by 4.7% during the 3rd quarter. Friedenthal Financial now owns 105,135 shares of the company’s stock valued at $3,929,000 after buying an additional 4,754 shares in the last quarter. Finally, Private Advisor Group LLC raised its stake in Invesco S&P 500 Equal Weight Materials ETF by 28.4% during the third quarter. Private Advisor Group LLC now owns 22,575 shares of the company’s stock valued at $844,000 after buying an additional 4,999 shares during the last quarter.
Invesco S&P 500 Equal Weight Materials ETF Trading Up 0.2 %
NYSEARCA RSPM opened at $33.78 on Friday. Invesco S&P 500 Equal Weight Materials ETF has a 12 month low of $32.13 and a 12 month high of $37.85. The stock’s fifty day moving average price is $33.65 and its 200-day moving average price is $35.23. The stock has a market cap of $277.33 million, a P/E ratio of 16.13 and a beta of 1.21.
Invesco S&P 500 Equal Weight Materials ETF Profile
The Invesco S&P 500 Equal Weight Materials ETF (RSPM) is an exchange-traded fund that is based on the S&P 500 Equal Weighted / Materials index. The fund tracks an equal-weighted index of US materials companies in the S&P 500. RSPM was launched on Nov 1, 2006 and is managed by Invesco.
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