14-Mar-2025
No press releases found.
Trump halts plan for 50% tariffs on Canadian steel and aluminum imports
Seeking Alpha News (Wed, 12-Mar 5:33 AM ET)
U.S. steel and aluminum stocks gain attention after Trump targets Canada
Seeking Alpha News (Tue, 11-Mar 1:35 PM ET)
The Invesco S&P 500 Equal Weight Materials ETF (Fund) is based on the S&P 500 Equal Weight Materials Index (Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. The Index equally weights stocks in the materials sector of the S&P 500 Index. The Fund and the Index are rebalanced quarterly.
Invesco S&P 500 Equal Weight Materials ETF trades on the ARCA stock market under the symbol RSPM.
As of March 14, 2025, RSPM stock price climbed to $32.04 with 21,750 million shares trading.
RSPM has a market cap of $187.75 million. This is considered a Micro Cap stock.
RSPM has underperformed the market in the last year with a return of -7.1%, while the SPY ETF gained +11.0%. In the last 3 month period, RSPM fell short of the market, returning -7.4%, while SPY returned -6.5%. However, in the most recent 2 weeks RSPM has outperformed the stock market by returning -2.6%, while SPY returned -5.3%.
RSPM support price is $31.04 and resistance is $31.84 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that RSPM shares will trade within this expected range on the day.