94,566 Shares in Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RSPM) Bought by Trinity Legacy Partners LLC

Trinity Legacy Partners LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RSPM) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 94,566 shares of the company’s stock, valued at approximately $3,080,000. Trinity Legacy Partners LLC owned 1.15% of Invesco S&P 500 Equal Weight Materials ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in RSPM. Creative Planning bought a new stake in Invesco S&P 500 Equal Weight Materials ETF during the 3rd quarter valued at approximately $266,000. Private Advisor Group LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight Materials ETF by 28.4% during the third quarter. Private Advisor Group LLC now owns 22,575 shares of the company’s stock worth $844,000 after buying an additional 4,999 shares during the last quarter. Obsidian Personal Planning Solutions LLC boosted its position in shares of Invesco S&P 500 Equal Weight Materials ETF by 10.5% in the third quarter. Obsidian Personal Planning Solutions LLC now owns 138,167 shares of the company’s stock valued at $5,038,000 after acquiring an additional 13,141 shares during the period. Harbour Investments Inc. grew its stake in shares of Invesco S&P 500 Equal Weight Materials ETF by 7.3% in the third quarter. Harbour Investments Inc. now owns 7,375 shares of the company’s stock worth $276,000 after acquiring an additional 500 shares during the last quarter. Finally, Arkadios Wealth Advisors acquired a new stake in shares of Invesco S&P 500 Equal Weight Materials ETF in the third quarter worth $213,000.

Invesco S&P 500 Equal Weight Materials ETF Price Performance

NYSEARCA:RSPM opened at $33.51 on Friday. Invesco S&P 500 Equal Weight Materials ETF has a one year low of $32.13 and a one year high of $37.85. The company has a fifty day moving average price of $33.50 and a 200 day moving average price of $35.17. The stock has a market cap of $275.12 million, a P/E ratio of 16.13 and a beta of 1.21.

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.