Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTM) Stock Passes Below 50-Day Moving Average – Time to Sell?

Shares of Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTMGet Free Report) crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $39.03 and traded as low as $38.9450. Invesco S&P 500 Equal Weight Materials ETF shares last traded at $38.9450, with a volume of 11,746 shares.

Invesco S&P 500 Equal Weight Materials ETF Price Performance

The company has a market capitalization of $82.17 million, a PE ratio of 21.19 and a beta of 1.10. The firm has a 50-day moving average of $39.03 and a 200 day moving average of $38.87.

Invesco S&P 500 Equal Weight Materials ETF Company Profile

(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.

Further Reading

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