Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTM) Stock Price Down 0.8% – Time to Sell?

Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTMGet Free Report) shares fell 0.8% during mid-day trading on Tuesday . The stock traded as low as $34.01 and last traded at $34.04. 38,466 shares changed hands during trading, an increase of 267% from the average session volume of 10,472 shares. The stock had previously closed at $34.31.

Invesco S&P 500 Equal Weight Materials ETF Price Performance

The business’s fifty day simple moving average is $53.27 and its 200 day simple moving average is $48.51. The stock has a market cap of $275.38 million, a price-to-earnings ratio of 16.81 and a beta of 1.20.

About Invesco S&P 500 Equal Weight Materials ETF

(Get Free Report)

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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