NTV Asset Management LLC Purchases New Holdings in Invesco S&P 500 Equal Weight Materials ETF $RSPM

NTV Asset Management LLC purchased a new stake in Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RSPM) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 77,086 shares of the company’s stock, valued at approximately $2,865,000. NTV Asset Management LLC owned approximately 1.68% of Invesco S&P 500 Equal Weight Materials ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Continuum Advisory LLC purchased a new position in Invesco S&P 500 Equal Weight Materials ETF during the 2nd quarter worth approximately $33,000. Allied Private Wealth LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Materials ETF in the second quarter valued at $33,000. Integrated Wealth Concepts LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Materials ETF in the second quarter valued at $61,000. Allworth Financial LP lifted its holdings in shares of Invesco S&P 500 Equal Weight Materials ETF by 8.4% in the second quarter. Allworth Financial LP now owns 4,395 shares of the company’s stock valued at $170,000 after purchasing an additional 340 shares in the last quarter. Finally, Ameritas Advisory Services LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Materials ETF in the second quarter valued at $238,000.

Invesco S&P 500 Equal Weight Materials ETF Stock Down 0.5%

Shares of Invesco S&P 500 Equal Weight Materials ETF stock opened at $39.14 on Friday. The stock has a market cap of $179.26 million, a PE ratio of 21.25 and a beta of 0.92. The business has a fifty day simple moving average of $39.06 and a 200-day simple moving average of $39.19. Invesco S&P 500 Equal Weight Materials ETF has a 12 month low of $30.98 and a 12 month high of $41.71.

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.