Raymond James Financial Services Advisors Inc. Takes $255,000 Position in Invesco S&P 500 Equal Weight Materials ETF (RTM)

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Raymond James Financial Services Advisors Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTM) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 2,362 shares of the company’s stock, valued at approximately $255,000.

Several other institutional investors and hedge funds have also recently modified their holdings of RTM. Vestor Capital LLC raised its holdings in shares of Invesco S&P 500 Equal Weight Materials ETF by 3.5% during the 1st quarter. Vestor Capital LLC now owns 61,875 shares of the company’s stock worth $6,574,000 after acquiring an additional 2,071 shares in the last quarter. Friedenthal Financial purchased a new stake in shares of Invesco S&P 500 Equal Weight Materials ETF during the 2nd quarter worth approximately $1,458,000. Steward Partners Investment Advisory LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Materials ETF during the 2nd quarter worth approximately $256,000. Courage Miller Partners LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Materials ETF during the 2nd quarter worth approximately $1,315,000. Finally, SignalPoint Asset Management LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Materials ETF during the 2nd quarter worth approximately $1,029,000.

Shares of RTM opened at $108.95 on Friday. Invesco S&P 500 Equal Weight Materials ETF has a 1 year low of $99.91 and a 1 year high of $118.47.

Further Reading: Price to Earnings Ratio (PE) Basics

Want to see what other hedge funds are holding RTM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTM).

Institutional Ownership by Quarter for Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTM)

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