Invesco S&P 500 Equal Weight Materials ETF $RSPM Shares Newly Acquired by McKinley Carter Wealth Services Inc.

McKinley Carter Wealth Services Inc. acquired a new position in Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RSPM) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 18,183 shares of the company’s stock, valued at approximately $676,000. McKinley Carter Wealth Services Inc. owned approximately 0.40% of Invesco S&P 500 Equal Weight Materials ETF as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Bank of America Corp DE grew its holdings in Invesco S&P 500 Equal Weight Materials ETF by 23.3% in the first quarter. Bank of America Corp DE now owns 306,662 shares of the company’s stock worth $11,857,000 after purchasing an additional 57,983 shares during the period. Royal Bank of Canada increased its stake in Invesco S&P 500 Equal Weight Materials ETF by 90.6% in the first quarter. Royal Bank of Canada now owns 84,749 shares of the company’s stock valued at $3,277,000 after purchasing an additional 40,287 shares in the last quarter. Private Advisor Group LLC increased its stake in Invesco S&P 500 Equal Weight Materials ETF by 191.8% in the first quarter. Private Advisor Group LLC now owns 49,354 shares of the company’s stock valued at $1,908,000 after purchasing an additional 32,440 shares in the last quarter. Maltin Wealth Management Inc. increased its stake in Invesco S&P 500 Equal Weight Materials ETF by 12.0% in the first quarter. Maltin Wealth Management Inc. now owns 78,123 shares of the company’s stock valued at $3,021,000 after purchasing an additional 8,382 shares in the last quarter. Finally, First Heartland Consultants Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight Materials ETF during the third quarter valued at about $293,000.

Invesco S&P 500 Equal Weight Materials ETF Trading Up 0.5%

Shares of NYSEARCA RSPM opened at $38.67 on Friday. The firm has a market capitalization of $177.11 million, a P/E ratio of 21.25 and a beta of 0.92. The firm’s 50-day moving average price is $39.22 and its 200-day moving average price is $39.17. Invesco S&P 500 Equal Weight Materials ETF has a 1-year low of $30.98 and a 1-year high of $41.71.

Invesco S&P 500 Equal Weight Materials ETF Company Profile

The Invesco S&P 500 Equal Weight Materials ETF (RSPM) is an exchange-traded fund that is based on the S&P 500 Equal Weighted / Materials index. The fund tracks an equal-weighted index of US materials companies in the S&P 500. RSPM was launched on Nov 1, 2006 and is managed by Invesco.