Mirae Asset Global Investments Co. Ltd. Sells 28,110 Shares of Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RSPM)

Mirae Asset Global Investments Co. Ltd. trimmed its holdings in shares of Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RSPM) by 87.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,140 shares of the company’s stock after selling 28,110 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Invesco S&P 500 Equal Weight Materials ETF were worth $134,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Zions Bancorporation N.A. bought a new position in Invesco S&P 500 Equal Weight Materials ETF in the 3rd quarter valued at $77,000. Arkadios Wealth Advisors purchased a new stake in shares of Invesco S&P 500 Equal Weight Materials ETF during the third quarter valued at $213,000. Creative Planning purchased a new stake in shares of Invesco S&P 500 Equal Weight Materials ETF during the third quarter valued at $266,000. Harbour Investments Inc. grew its holdings 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 purchasing an additional 500 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV increased its stake in Invesco S&P 500 Equal Weight Materials ETF by 5.4% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 14,465 shares of the company’s stock worth $541,000 after buying an additional 739 shares during the period.

Invesco S&P 500 Equal Weight Materials ETF Price Performance

Invesco S&P 500 Equal Weight Materials ETF stock opened at $33.71 on Friday. The stock has a market cap of $276.76 million, a price-to-earnings ratio of 16.13 and a beta of 1.21. The firm has a 50-day moving average of $33.69 and a two-hundred day moving average of $35.24. Invesco S&P 500 Equal Weight Materials ETF has a 1 year low of $32.12 and a 1 year 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.