Obsidian Personal Planning Solutions LLC increased its position in Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RSPM – Free Report) by 10.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 138,167 shares of the company’s stock after purchasing an additional 13,141 shares during the quarter. Invesco S&P 500 Equal Weight Materials ETF makes up about 2.5% of Obsidian Personal Planning Solutions LLC’s portfolio, making the stock its 15th biggest position. Obsidian Personal Planning Solutions LLC’s holdings in Invesco S&P 500 Equal Weight Materials ETF were worth $5,038,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Zions Bancorporation N.A. bought a new position in Invesco S&P 500 Equal Weight Materials ETF in the third quarter worth approximately $77,000. Strategy Asset Managers LLC purchased a new stake in Invesco S&P 500 Equal Weight Materials ETF during the second quarter worth $129,000. Arkadios Wealth Advisors purchased a new stake in Invesco S&P 500 Equal Weight Materials ETF during the third quarter worth $213,000. Harbour Investments Inc. lifted its holdings in Invesco S&P 500 Equal Weight Materials ETF by 411.2% during the second quarter. Harbour Investments Inc. now owns 6,875 shares of the company’s stock worth $237,000 after buying an additional 5,530 shares during the period. Finally, Cetera Advisors LLC lifted its holdings in Invesco S&P 500 Equal Weight Materials ETF by 9.3% during the first quarter. Cetera Advisors LLC now owns 7,327 shares of the company’s stock worth $266,000 after buying an additional 626 shares during the period.
Invesco S&P 500 Equal Weight Materials ETF Stock Down 0.2 %
Invesco S&P 500 Equal Weight Materials ETF stock opened at $35.41 on Friday. The business has a fifty day moving average of $36.51 and a two-hundred day moving average of $35.73. The firm has a market cap of $290.72 million, a P/E ratio of 16.13 and a beta of 1.21. Invesco S&P 500 Equal Weight Materials ETF has a twelve month low of $30.95 and a twelve month high of $37.85.
Invesco S&P 500 Equal Weight Materials ETF 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.
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