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

Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH) reached a new 52-week high during trading on Wednesday. The company traded as high as $39.89 and last traded at $39.7720, with a volume of 44,230 shares. The stock had previously closed at $39.35.

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

The firm has a market capitalization of $981.42 million, a P/E ratio of 21.06 and a beta of 0.78. The stock has a 50 day moving average of $37.67 and a 200-day moving average of $33.64.

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

A number of large investors have recently modified their holdings of RSPH. Continuum Advisory LLC bought a new stake in Invesco S&P 500 Equal Weight Health Care ETF in the 2nd quarter worth $25,000. Compass Financial Management LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Health Care ETF during the 2nd quarter worth approximately $29,000. Mather Group LLC. bought a new stake in shares of Invesco S&P 500 Equal Weight Health Care ETF during the 3rd quarter valued at $37,000. Raleigh Capital Management Inc. bought a new position in Invesco S&P 500 Equal Weight Health Care ETF during the 1st quarter valued at approximately $33,000. Finally, BOKF NA purchased a new position in shares of Invesco S&P 500 Equal Weight Health Care ETF in the third quarter worth $51,000.

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.