Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RYH) Sets New 52-Week Low at $29.40

Shares of Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RYH) hit a new 52-week low during mid-day trading on Monday . The company traded as low as $29.40 and last traded at $29.57, with a volume of 88180 shares changing hands. The stock had previously closed at $29.43.

Invesco S&P 500 Equal Weight Health Care ETF Trading Up 1.6 %

The firm has a market cap of $968.19 million, a P/E ratio of 26.08 and a beta of 1.03. The company’s fifty day moving average price is $46.33 and its two-hundred day moving average price is $41.96.

Institutional Trading of Invesco S&P 500 Equal Weight Health Care ETF

A number of hedge funds have recently modified their holdings of the company. HighTower Advisors LLC grew its stake in shares of Invesco S&P 500 Equal Weight Health Care ETF by 934.3% during the 3rd quarter. HighTower Advisors LLC now owns 2,228,257 shares of the company’s stock worth $639,643,000 after acquiring an additional 2,012,812 shares in the last quarter. Morgan Stanley grew its stake in shares of Invesco S&P 500 Equal Weight Health Care ETF by 839.4% in the third quarter. Morgan Stanley now owns 1,242,026 shares of the company’s stock valued at $356,536,000 after buying an additional 1,109,815 shares in the last quarter. LPL Financial LLC grew its stake in shares of Invesco S&P 500 Equal Weight Health Care ETF by 1,244.9% in the third quarter. LPL Financial LLC now owns 877,649 shares of the company’s stock valued at $251,938,000 after buying an additional 812,393 shares in the last quarter. Royal Bank of Canada grew its stake in shares of Invesco S&P 500 Equal Weight Health Care ETF by 751.9% in the third quarter. Royal Bank of Canada now owns 552,659 shares of the company’s stock valued at $158,646,000 after buying an additional 487,786 shares in the last quarter. Finally, UBS Group AG grew its stake in shares of Invesco S&P 500 Equal Weight Health Care ETF by 861.6% in the third quarter. UBS Group AG now owns 477,841 shares of the company’s stock valued at $137,169,000 after buying an additional 428,151 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 (RYH) 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. RYH was launched on Nov 1, 2006 and is managed by Invesco.