Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTM) Trading 0.4% Higher – Still a Buy?

Shares of Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTMGet Free Report) traded up 0.4% on Monday . The company traded as high as $37.25 and last traded at $37.21. 23,192 shares changed hands during trading, an increase of 121% from the average session volume of 10,472 shares. The stock had previously closed at $37.06.

Invesco S&P 500 Equal Weight Materials ETF Stock Up 0.8 %

The stock has a market cap of $301.84 million, a price-to-earnings ratio of 16.81 and a beta of 1.20. The stock has a 50 day simple moving average of $40.64 and a 200 day simple moving average of $44.90.

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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