Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH) Sees Strong Trading Volume – Here’s What Happened

Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH – Get Free Report) shares saw an uptick in trading volume on Tuesday. Approximately 82,028 shares were traded during trading, a decline of 35% from the previous session’s volume of 125,272 shares. The stock last traded at $37.5710 and had previously closed at $37.90.

Invesco S&P 500 Equal Weight Health Care ETF Stock Performance

The firm has a market capitalization of $905.85 million, a P/E ratio of 21.06 and a beta of 0.78. The business has a fifty day moving average of $36.97 and a 200-day moving average of $33.73.

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

Hedge funds have recently added to or reduced their stakes in the business. Walker Asset Management LLC increased its stake 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 valued at $1,312,000 after buying an additional 367 shares during the period. Janney Montgomery Scott LLC raised its position in shares of Invesco S&P 500 Equal Weight Health Care ETF by 4.1% during the 1st 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. Continuum Advisory LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Health Care ETF in the 2nd quarter worth approximately $25,000. IFP Advisors Inc lifted its stake in shares of Invesco S&P 500 Equal Weight Health Care ETF by 42.3% in the 2nd quarter. IFP Advisors Inc now owns 2,602 shares of the company’s stock worth $86,000 after acquiring an additional 773 shares during the period. Finally, Sequoia Financial Advisors LLC lifted its stake in shares of Invesco S&P 500 Equal Weight Health Care ETF by 7.6% in the 1st quarter. Sequoia Financial Advisors LLC now owns 11,547 shares of the company’s stock worth $349,000 after acquiring an additional 811 shares during the period.

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

(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.

Further Reading

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.