Trinity Legacy Partners LLC Purchases 11,160 Shares of Invesco S&P 500 Equal Weight Materials ETF $RSPM

Trinity Legacy Partners LLC boosted its position in shares of Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RSPM) by 11.8% during the 1st quarter, HoldingsChannel.com reports. The fund owned 105,726 shares of the company’s stock after buying an additional 11,160 shares during the quarter. Trinity Legacy Partners LLC’s holdings in Invesco S&P 500 Equal Weight Materials ETF were worth $3,383,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Raymond James Financial Inc. boosted its holdings in shares of Invesco S&P 500 Equal Weight Materials ETF by 11.1% during the 1st quarter. Raymond James Financial Inc. now owns 97,963 shares of the company’s stock worth $3,109,000 after buying an additional 9,750 shares during the period. North Capital Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight Materials ETF during the 1st quarter worth about $35,000. Creative Financial Designs Inc. ADV boosted its holdings in shares of Invesco S&P 500 Equal Weight Materials ETF by 5.2% during the 1st quarter. Creative Financial Designs Inc. ADV now owns 18,081 shares of the company’s stock worth $574,000 after buying an additional 897 shares during the period. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of Invesco S&P 500 Equal Weight Materials ETF by 10.8% during the 1st 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 during the period. Finally, Dale Q Rice Investment Management Ltd bought a new stake in shares of Invesco S&P 500 Equal Weight Materials ETF during the 1st quarter worth about $261,000.

Invesco S&P 500 Equal Weight Materials ETF Stock Performance

Shares of RSPM stock opened at $33.79 on Friday. The company has a market capitalization of $169.96 million, a price-to-earnings ratio of 21.25 and a beta of 1.05. The company has a 50-day simple moving average of $33.11 and a 200 day simple moving average of $32.13. Invesco S&P 500 Equal Weight Materials ETF has a 52 week low of $26.63 and a 52 week high of $37.85.

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.