Courage Miller Partners LLC Makes New Investment in Invesco S&P 500 Equal Weight Materials ETF $RSPM

Courage Miller Partners LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RSPM) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 48,859 shares of the company’s stock, valued at approximately $1,816,000. Courage Miller Partners LLC owned approximately 1.07% of Invesco S&P 500 Equal Weight Materials ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. Bank of America Corp DE increased its position in Invesco S&P 500 Equal Weight Materials ETF by 23.3% in the first quarter. Bank of America Corp DE now owns 306,662 shares of the company’s stock worth $11,857,000 after buying an additional 57,983 shares in the last quarter. Maltin Wealth Management Inc. grew its holdings in Invesco S&P 500 Equal Weight Materials ETF by 0.9% during the 3rd quarter. Maltin Wealth Management Inc. now owns 99,477 shares of the company’s stock valued at $3,698,000 after buying an additional 931 shares in the last quarter. Royal Bank of Canada raised its position in shares of Invesco S&P 500 Equal Weight Materials ETF by 90.6% during the first quarter. Royal Bank of Canada now owns 84,749 shares of the company’s stock valued at $3,277,000 after buying an additional 40,287 shares during the last quarter. Private Advisor Group LLC lifted its position in shares of Invesco S&P 500 Equal Weight Materials ETF by 191.8% in the first quarter. Private Advisor Group LLC now owns 49,354 shares of the company’s stock worth $1,908,000 after buying an additional 32,440 shares in the last quarter. Finally, McKinley Carter Wealth Services Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight Materials ETF during the 3rd quarter worth approximately $676,000.

Invesco S&P 500 Equal Weight Materials ETF Stock Up 0.1%

RSPM stock opened at $38.93 on Thursday. Invesco S&P 500 Equal Weight Materials ETF has a 52 week low of $30.98 and a 52 week high of $41.71. The company has a fifty day simple moving average of $39.10 and a two-hundred day simple moving average of $39.18. The firm has a market capitalization of $178.30 million, a P/E ratio of 21.25 and a beta of 0.92.

About Invesco S&P 500 Equal Weight Materials ETF

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.