Strategic Blueprint LLC Has $256,000 Stock Holdings in Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RSPM)

Strategic Blueprint LLC trimmed its holdings in shares of Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RSPM) by 6.2% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 6,851 shares of the company’s stock after selling 455 shares during the quarter. Strategic Blueprint LLC owned 0.08% of Invesco S&P 500 Equal Weight Materials ETF worth $256,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of RSPM. Cetera Investment Advisers bought a new stake in shares of Invesco S&P 500 Equal Weight Materials ETF in the first quarter valued at about $3,848,000. Commonwealth Equity Services LLC lifted its stake in Invesco S&P 500 Equal Weight Materials ETF by 4.1% in the 2nd quarter. Commonwealth Equity Services LLC now owns 21,804 shares of the company’s stock valued at $752,000 after acquiring an additional 865 shares in the last quarter. Private Advisor Group LLC boosted its position in Invesco S&P 500 Equal Weight Materials ETF by 13.3% during the 2nd quarter. Private Advisor Group LLC now owns 17,576 shares of the company’s stock worth $606,000 after acquiring an additional 2,059 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Invesco S&P 500 Equal Weight Materials ETF during the 1st quarter worth approximately $1,328,000. Finally, Cetera Advisors LLC raised its holdings in shares of Invesco S&P 500 Equal Weight Materials ETF by 9.3% in the first quarter. Cetera Advisors LLC now owns 7,327 shares of the company’s stock valued at $266,000 after purchasing an additional 626 shares during the last quarter.

Invesco S&P 500 Equal Weight Materials ETF Price Performance

Invesco S&P 500 Equal Weight Materials ETF stock opened at $36.32 on Friday. The company has a market cap of $298.19 million, a price-to-earnings ratio of 16.13 and a beta of 1.21. The firm has a 50-day moving average of $36.43 and a 200-day moving average of $35.61. Invesco S&P 500 Equal Weight Materials ETF has a one year low of $29.64 and a one year high of $37.85.

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.