Shares of Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH – Get Free Report) saw strong trading volume on Tuesday. Approximately 528,793 shares traded hands during trading, an increase of 249% from the average daily volume of 151,502 shares. The stock last traded at $41.1980 and had previously closed at $41.40.
Invesco S&P 500 Equal Weight Health Care ETF Price Performance
The firm has a 50 day moving average price of $38.07 and a 200-day moving average price of $33.91. The firm has a market cap of $1.03 billion, a price-to-earnings ratio of 21.06 and a beta of 0.77.
Hedge Funds Weigh In On Invesco S&P 500 Equal Weight Health Care ETF
Several hedge funds have recently bought and sold shares of RSPH. Walled Lake Planning & Wealth Management LLC boosted its stake in shares of Invesco S&P 500 Equal Weight Health Care ETF by 1.9% during the third quarter. Walled Lake Planning & Wealth Management LLC now owns 463,995 shares of the company’s stock valued at $17,172,000 after purchasing an additional 8,874 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of Invesco S&P 500 Equal Weight Health Care ETF by 1.2% in the 1st quarter. Bank of America Corp DE now owns 430,101 shares of the company’s stock worth $12,986,000 after purchasing an additional 5,234 shares in the last quarter. Royal Bank of Canada grew its holdings in shares of Invesco S&P 500 Equal Weight Health Care ETF by 4.9% during the first quarter. Royal Bank of Canada now owns 350,011 shares of the company’s stock valued at $10,568,000 after buying an additional 16,485 shares during the last quarter. Valley Wealth Managers Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight Health Care ETF in the third quarter worth approximately $7,555,000. Finally, Cetera Investment Advisers lifted its stake in Invesco S&P 500 Equal Weight Health Care ETF by 27.0% during the 1st quarter. Cetera Investment Advisers now owns 153,515 shares of the company’s stock valued at $4,635,000 after acquiring an additional 32,655 shares in the last quarter.
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.
See Also
- Five stocks we like better than Invesco S&P 500 Equal Weight Health Care ETF
- D-Wave Quantum Has Long-Term Potential, But Is Now the Time to Buy?
- 5 AI Heavyweights That Look Too Cheap to Ignore After the Sell-Off
- Bonds Are Paying 5% Again, and the Repricing Has Reached Every Corner of the Market
- Archer Aviation’s FAA Certificate Is a Milestone, But It Isn’t the Final One
Receive News & Ratings for Invesco S&P 500 Equal Weight Health Care ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Equal Weight Health Care ETF and related companies with MarketBeat.com's FREE daily email newsletter.
