Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH) Sets New 12-Month High – Here’s What Happened

Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH) hit a new 52-week high during trading on Wednesday . The stock traded as high as $36.24 and last traded at $36.03, with a volume of 53485 shares. The stock had previously closed at $36.01.

Invesco S&P 500 Equal Weight Health Care ETF Trading Down 0.0%

The business has a 50 day moving average of $33.69 and a two-hundred day moving average of $32.13. The firm has a market cap of $795.78 million, a P/E ratio of 21.06 and a beta of 0.78.

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

Large investors have recently modified their holdings of the stock. Walker Asset Management LLC lifted its holdings in Invesco S&P 500 Equal Weight Health Care ETF by 0.9% during the 1st quarter. Walker Asset Management LLC now owns 43,444 shares of the company’s stock worth $1,312,000 after purchasing an additional 367 shares during the last quarter. CIBC Private Wealth Group LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight Health Care ETF by 55.7% during the third quarter. CIBC Private Wealth Group LLC now owns 1,110 shares of the company’s stock worth $33,000 after buying an additional 397 shares in the last quarter. Janney Montgomery Scott LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight Health Care ETF by 4.1% during the first quarter. Janney Montgomery Scott LLC now owns 16,117 shares of the company’s stock worth $487,000 after buying an additional 635 shares in the last quarter. IFP Advisors Inc boosted its position in shares of Invesco S&P 500 Equal Weight Health Care ETF by 22.1% in the fourth quarter. IFP Advisors Inc now owns 3,968 shares of the company’s stock valued at $126,000 after acquiring an additional 718 shares during the period. Finally, Montag A & Associates Inc. boosted its position in shares of Invesco S&P 500 Equal Weight Health Care ETF by 46.4% in the fourth quarter. Montag A & Associates Inc. now owns 2,433 shares of the company’s stock valued at $77,000 after acquiring an additional 771 shares during the period.

Invesco S&P 500 Equal Weight Health Care ETF Company Profile

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.