Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH) Reaches New 52-Week High – Here’s What Happened

Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPHGet Free Report)’s stock price reached a new 52-week high on Friday . The stock traded as high as $33.51 and last traded at $33.50, with a volume of 16305 shares. The stock had previously closed at $32.80.

Invesco S&P 500 Equal Weight Health Care ETF Stock Up 1.8%

The company has a 50 day moving average price of $31.10 and a 200-day moving average price of $31.61. The company has a market cap of $760.29 million, a price-to-earnings ratio of 21.06 and a beta of 0.80.

Hedge Funds Weigh In On Invesco S&P 500 Equal Weight Health Care ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Hills Bank & Trust Co acquired a new stake in Invesco S&P 500 Equal Weight Health Care ETF during the 4th quarter valued at approximately $1,316,000. Farther Finance Advisors LLC raised its holdings in Invesco S&P 500 Equal Weight Health Care ETF by 15.5% during the 4th quarter. Farther Finance Advisors LLC now owns 134,061 shares of the company’s stock worth $4,270,000 after purchasing an additional 18,026 shares during the last quarter. Perryman Financial Advisory Inc. AD acquired a new position in shares of Invesco S&P 500 Equal Weight Health Care ETF in the 4th quarter worth approximately $550,000. Merit Financial Group LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Health Care ETF in the 4th quarter worth approximately $816,000. Finally, Wakefield Asset Management LLLP bought a new stake in shares of Invesco S&P 500 Equal Weight Health Care ETF in the 4th quarter valued at $663,000.

About Invesco S&P 500 Equal Weight Health Care ETF

(Get Free Report)

The Invesco S&P 500 Equal Weight Health Care ETF (RSPH) is an exchange-traded fund that mostly invests in health care equity. The fund tracks an equal-weighted index of US health care companies taken from the S&P 500 Index. RSPH was launched on Nov 1, 2006 and is managed by Invesco.

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