J.P. Morgan Private Wealth Advisors LLC Purchases 21,487 Shares of Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTM)

J.P. Morgan Private Wealth Advisors LLC raised its holdings in shares of Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTMFree Report) by 101.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 42,705 shares of the company’s stock after purchasing an additional 21,487 shares during the quarter. J.P. Morgan Private Wealth Advisors LLC owned 0.44% of Invesco S&P 500 Equal Weight Materials ETF worth $6,699,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of RTM. Avantax Advisory Services Inc. grew its holdings in Invesco S&P 500 Equal Weight Materials ETF by 381.8% during the third quarter. Avantax Advisory Services Inc. now owns 306,492 shares of the company’s stock worth $48,076,000 after buying an additional 242,876 shares in the last quarter. Oppenheimer Asset Management Inc. grew its stake in shares of Invesco S&P 500 Equal Weight Materials ETF by 277.3% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 156,386 shares of the company’s stock worth $24,531,000 after acquiring an additional 114,939 shares in the last quarter. Merit Financial Group LLC grew its stake in shares of Invesco S&P 500 Equal Weight Materials ETF by 408.0% in the 3rd quarter. Merit Financial Group LLC now owns 10,709 shares of the company’s stock worth $1,680,000 after acquiring an additional 8,601 shares in the last quarter. Great Valley Advisor Group Inc. grew its position in Invesco S&P 500 Equal Weight Materials ETF by 393.0% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 7,651 shares of the company’s stock worth $1,200,000 after purchasing an additional 6,099 shares in the last quarter. Finally, Schechter Investment Advisors LLC grew its position in Invesco S&P 500 Equal Weight Materials ETF by 400.0% in the 3rd quarter. Schechter Investment Advisors LLC now owns 12,460 shares of the company’s stock worth $1,954,000 after purchasing an additional 9,968 shares in the last quarter.

Invesco S&P 500 Equal Weight Materials ETF Price Performance

Shares of NYSEARCA:RTM opened at $31.93 on Wednesday. The company has a market capitalization of $309.08 million, a PE ratio of 11.57 and a beta of 1.10. The business has a fifty day moving average price of $32.71 and a two-hundred day moving average price of $35.43. Invesco S&P 500 Equal Weight Materials ETF has a 1 year low of $140.23 and a 1 year high of $185.10.

About Invesco S&P 500 Equal Weight Materials ETF

(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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Institutional Ownership by Quarter for Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTM)

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