Cambridge Investment Research Advisors Inc. Reduces Stock Position in Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTM)

Cambridge Investment Research Advisors Inc. reduced its holdings in Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTM – Get Rating) by 15.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,350 shares of the company’s stock after selling 616 shares during the period. Cambridge Investment Research Advisors Inc. owned approximately 0.15% of Invesco S&P 500 Equal Weight Materials ETF worth $531,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in RTM. FMR LLC raised its holdings in shares of Invesco S&P 500 Equal Weight Materials ETF by 130.2% in the 2nd quarter. FMR LLC now owns 198 shares of the company’s stock valued at $31,000 after purchasing an additional 112 shares in the last quarter. Blair William & Co. IL boosted its holdings in shares of Invesco S&P 500 Equal Weight Materials ETF by 103.4% in the 1st quarter. Blair William & Co. IL now owns 598 shares of the company’s stock valued at $110,000 after acquiring an additional 304 shares during the last quarter. Rockefeller Capital Management L.P. purchased a new stake in shares of Invesco S&P 500 Equal Weight Materials ETF in the 3rd quarter valued at $144,000. Creative Financial Designs Inc. ADV boosted its holdings in shares of 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 valued at $171,000 after acquiring an additional 130 shares during the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new stake in shares of Invesco S&P 500 Equal Weight Materials ETF in the 4th quarter valued at $214,000.

Invesco S&P 500 Equal Weight Materials ETF Price Performance

RTM stock opened at $151.60 on Thursday. The firm’s fifty day simple moving average is $158.10 and its 200-day simple moving average is $163.82. The company has a market capitalization of $322.92 million, a P/E ratio of 11.57 and a beta of 1.10. Invesco S&P 500 Equal Weight Materials ETF has a 12 month low of $140.23 and a 12 month high of $185.10.

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.