Harbour Investments Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RSPM – Free Report) by 4.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,690 shares of the company’s stock after acquiring an additional 315 shares during the quarter. Harbour Investments Inc. owned approximately 0.09% of Invesco S&P 500 Equal Weight Materials ETF worth $250,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also recently added to or reduced their stakes in the business. Raymond James Financial Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight Materials ETF during the fourth quarter worth about $2,873,000. Trinity Legacy Partners LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Materials ETF during the fourth quarter worth about $3,080,000. Finally, Private Advisor Group LLC grew its holdings in shares of Invesco S&P 500 Equal Weight Materials ETF by 21.0% during the fourth quarter. Private Advisor Group LLC now owns 27,306 shares of the company’s stock worth $889,000 after buying an additional 4,731 shares in the last quarter.
Invesco S&P 500 Equal Weight Materials ETF Price Performance
Shares of NYSEARCA RSPM opened at $31.85 on Friday. The company has a market cap of $185.69 million, a PE ratio of 22.44 and a beta of 1.12. Invesco S&P 500 Equal Weight Materials ETF has a 12 month low of $31.23 and a 12 month high of $37.85. The company has a 50-day simple moving average of $33.25 and a 200-day simple moving average of $34.76.
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.
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