Commonwealth Equity Services LLC Has $908,000 Stock Position in Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTM)

Commonwealth Equity Services LLC decreased its position in Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTM – Get Rating) by 3.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 5,726 shares of the company’s stock after selling 229 shares during the period. Commonwealth Equity Services LLC owned approximately 0.26% of Invesco S&P 500 Equal Weight Materials ETF worth $908,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Envestnet Asset Management Inc. boosted its stake in Invesco S&P 500 Equal Weight Materials ETF by 15.4% in the 4th quarter. Envestnet Asset Management Inc. now owns 10,763 shares of the company’s stock worth $1,708,000 after purchasing an additional 1,438 shares during the period. Oppenheimer Asset Management Inc. boosted its stake in Invesco S&P 500 Equal Weight Materials ETF by 89.2% in the 4th quarter. Oppenheimer Asset Management Inc. now owns 41,564 shares of the company’s stock worth $6,594,000 after purchasing an additional 19,595 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new position in Invesco S&P 500 Equal Weight Materials ETF in the 4th quarter worth $214,000. Capital Wealth Alliance LLC acquired a new position in Invesco S&P 500 Equal Weight Materials ETF in the 4th quarter worth $444,000. Finally, Creative Financial Designs Inc. ADV boosted its stake in Invesco S&P 500 Equal Weight Materials ETF by 13.7% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 1,081 shares of the company’s stock worth $171,000 after purchasing an additional 130 shares during the period.

Invesco S&P 500 Equal Weight Materials ETF Trading Down 0.3 %

Shares of NYSEARCA RTM opened at $155.22 on Tuesday. The firm has a market cap of $330.62 million, a PE ratio of 11.57 and a beta of 1.10. Invesco S&P 500 Equal Weight Materials ETF has a 1-year low of $140.23 and a 1-year high of $185.10. The company has a fifty day moving average price of $158.23 and a 200 day moving average price of $163.92.

Invesco S&P 500 Equal Weight Materials ETF Company Profile

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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.