Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTM) Share Price Passes Below 50-Day Moving Average – Here’s What Happened

Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTMGet Free Report) shares crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $46.60 and traded as low as $32.13. Invesco S&P 500 Equal Weight Materials ETF shares last traded at $33.12, with a volume of 27,156 shares trading hands.

Invesco S&P 500 Equal Weight Materials ETF Trading Up 0.8 %

The firm has a 50 day moving average price of $46.60 and a two-hundred day moving average price of $46.34. The firm has a market capitalization of $277.41 million, a price-to-earnings ratio of 16.81 and a beta of 1.20.

About Invesco S&P 500 Equal Weight Materials ETF

(Get 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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