Strategic Blueprint LLC Reduces Holdings in Invesco S&P 500 Equal Weight Materials ETF

According to the latest disclosure to the Securities and Exchange Commission, Strategic Blueprint LLC has decreased its stake in the Invesco S&P 500 Equal Weight Materials ETF, also known as RSPM, by 6.2% during the third quarter. The institutional investor now holds 6,851 shares after selling 455 shares in this period. The total value of Strategic Blueprint LLC's investment in the Invesco S&P 500 Equal Weight Materials ETF is estimated to be around $256,000 at the conclusion of the recent reporting period.

Other institutional investors have also adjusted their positions in the Invesco S&P 500 Equal Weight Materials ETF. Strategy Asset Managers LLC acquired a new investment in RSPM in the second quarter with a stake valued at approximately $129,000. Meanwhile, Arkadios Wealth Advisors invested in the ETF in the third quarter, purchasing shares worth around $213,000. Tradewinds LLC established a new position in the ETF during the first quarter with an investment estimated at about $218,000.

Harbour Investments Inc. significantly raised its investment stake in RSPM, increasing its position by 411.2% in the second quarter. After buying an additional 5,530 shares, Harbour Investments Inc. now owns a total of 6,875 shares valued at approximately $237,000. Furthermore, Cetera Advisors LLC enhanced its investment in the ETF by 9.3% in the first quarter, now holding 7,327 shares worth about $266,000 after acquiring an extra 626 shares during the previous quarter.

Invesco S&P 500 Equal Weight Materials ETF Price Performance

As of Friday, the Invesco S&P 500 Equal Weight Materials ETF opened at $36.32. Over the past year, this ETF reached a low of $29.64 and a high of $37.85. The current 50-day moving average is priced at $36.43, while the 200-day moving average is at $35.61. The ETF has a market capitalization of approximately $298.19 million, a price-to-earnings ratio of 16.13, and a beta of 1.21, indicating its volatility relative to the market.

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 designed to track the performance of an equal-weighted index of materials companies within the S&P 500. Launched on November 1, 2006, the fund aims to provide investors with exposure to this sector through a diversified range of investments.

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