McKinley Carter Wealth Services Inc. Sells 1,783 Shares of Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RSPM)

McKinley Carter Wealth Services Inc. cut its holdings in Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RSPM) by 6.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 24,264 shares of the company’s stock after selling 1,783 shares during the period. McKinley Carter Wealth Services Inc. owned about 0.30% of Invesco S&P 500 Equal Weight Materials ETF worth $790,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Creative Planning acquired a new stake in Invesco S&P 500 Equal Weight Materials ETF during the third quarter worth approximately $266,000. Private Advisor Group LLC raised its position in Invesco S&P 500 Equal Weight Materials ETF by 28.4% during the 3rd quarter. Private Advisor Group LLC now owns 22,575 shares of the company’s stock worth $844,000 after purchasing an additional 4,999 shares during the last quarter. Obsidian Personal Planning Solutions LLC raised its position in Invesco S&P 500 Equal Weight Materials ETF by 10.5% during the 3rd quarter. Obsidian Personal Planning Solutions LLC now owns 138,167 shares of the company’s stock worth $5,038,000 after purchasing an additional 13,141 shares during the last quarter. Harbour Investments Inc. raised its position in Invesco S&P 500 Equal Weight Materials ETF by 7.3% during the 3rd quarter. Harbour Investments Inc. now owns 7,375 shares of the company’s stock worth $276,000 after purchasing an additional 500 shares during the last quarter. Finally, Arkadios Wealth Advisors bought a new position in shares of Invesco S&P 500 Equal Weight Materials ETF in the 3rd quarter worth about $213,000.

Invesco S&P 500 Equal Weight Materials ETF Trading Down 0.4 %

RSPM stock opened at $34.27 on Thursday. The stock has a 50-day moving average price of $34.31 and a 200-day moving average price of $35.37. Invesco S&P 500 Equal Weight Materials ETF has a 1-year low of $31.64 and a 1-year high of $37.85. The firm has a market cap of $281.36 million, a PE ratio of 16.13 and a beta of 1.21.

Invesco S&P 500 Equal Weight Materials ETF Company 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.