Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTM) Shares Sold by Cetera Advisor Networks LLC

Cetera Advisor Networks LLC decreased its position in shares of Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTM) by 1.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 23,702 shares of the company’s stock after selling 326 shares during the quarter. Cetera Advisor Networks LLC owned approximately 0.24% of Invesco S&P 500 Equal Weight Materials ETF worth $3,846,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. FMR LLC boosted its position in shares of Invesco S&P 500 Equal Weight Materials ETF by 130.2% during the 2nd quarter. FMR LLC now owns 198 shares of the company’s stock valued at $31,000 after acquiring an additional 112 shares during the last quarter. Moisand Fitzgerald Tamayo LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Materials ETF during the 1st quarter valued at about $49,000. NewEdge Advisors LLC boosted its position in shares of Invesco S&P 500 Equal Weight Materials ETF by 840.6% during the 1st quarter. NewEdge Advisors LLC now owns 301 shares of the company’s stock valued at $49,000 after acquiring an additional 269 shares during the last quarter. JPMorgan Chase & Co. acquired a new position in Invesco S&P 500 Equal Weight Materials ETF in the fourth quarter valued at about $49,000. Finally, Key Financial Inc acquired a new position in Invesco S&P 500 Equal Weight Materials ETF in the second quarter valued at about $98,000.

Invesco S&P 500 Equal Weight Materials ETF Price Performance

NYSEARCA RTM opened at $31.15 on Tuesday. The firm’s 50-day moving average is $35.63 and its two-hundred day moving average is $81.03. Invesco S&P 500 Equal Weight Materials ETF has a 12 month low of $140.23 and a 12 month high of $185.10. The stock has a market capitalization of $301.53 million, a P/E ratio of 11.57 and a beta of 1.10.

Invesco S&P 500 Equal Weight Materials ETF Company Profile

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.