204,137 Shares of Invesco S&P 500 Equal Weight Health Care ETF $RSPH Acquired by Valley Wealth Managers Inc.

Valley Wealth Managers Inc. purchased a new position in Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH) in the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 204,137 shares of the company’s stock, valued at approximately $7,555,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Continuum Advisory LLC purchased a new position in Invesco S&P 500 Equal Weight Health Care ETF during the second quarter valued at approximately $25,000. Compass Financial Management LLC purchased a new stake in Invesco S&P 500 Equal Weight Health Care ETF during the second quarter worth $29,000. Raleigh Capital Management Inc. bought a new stake in Invesco S&P 500 Equal Weight Health Care ETF during the 1st quarter valued at $33,000. Integrated Wealth Concepts LLC bought a new stake in Invesco S&P 500 Equal Weight Health Care ETF during the 2nd quarter valued at $65,000. Finally, Allied Private Wealth LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Health Care ETF in the 2nd quarter valued at $66,000.

Invesco S&P 500 Equal Weight Health Care ETF Trading Up 1.7%

RSPH opened at $37.59 on Friday. The firm has a market cap of $897.27 million, a price-to-earnings ratio of 21.06 and a beta of 0.78. Invesco S&P 500 Equal Weight Health Care ETF has a 12 month low of $29.46 and a 12 month high of $38.19. The stock has a fifty day moving average price of $36.80 and a 200-day moving average price of $33.55.

About Invesco S&P 500 Equal Weight Health Care ETF

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.