3,670 Shares in Invesco S&P 500 Equal Weight Materials ETF $RSPM Bought by Cullen Frost Bankers Inc.

Cullen Frost Bankers Inc. bought a new position in shares of Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RSPM) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 3,670 shares of the company’s stock, valued at approximately $119,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. North Capital Inc. bought a new position in Invesco S&P 500 Equal Weight Materials ETF during the first quarter worth $35,000. Jones Financial Companies Lllp increased its position in Invesco S&P 500 Equal Weight Materials ETF by 591.0% during the first quarter. Jones Financial Companies Lllp now owns 4,630 shares of the company’s stock worth $141,000 after acquiring an additional 3,960 shares during the period. Ameritas Advisory Services LLC bought a new position in Invesco S&P 500 Equal Weight Materials ETF during the second quarter worth $162,000. Royal Bank of Canada increased its position in Invesco S&P 500 Equal Weight Materials ETF by 40.2% during the first quarter. Royal Bank of Canada now owns 16,269 shares of the company’s stock worth $517,000 after acquiring an additional 4,663 shares during the period. Finally, Cambridge Investment Research Advisors Inc. boosted its stake in Invesco S&P 500 Equal Weight Materials ETF by 10.8% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 16,943 shares of the company’s stock worth $538,000 after buying an additional 1,651 shares in the last quarter.

Invesco S&P 500 Equal Weight Materials ETF Price Performance

RSPM opened at $33.14 on Friday. Invesco S&P 500 Equal Weight Materials ETF has a fifty-two week low of $26.63 and a fifty-two week high of $37.29. The firm’s fifty day moving average price is $33.00 and its two-hundred day moving average price is $32.40. The company has a market capitalization of $157.08 million, a P/E ratio of 21.25 and a beta of 1.05.

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.