Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH) Sets New 1-Year High – Here’s What Happened

Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH) shares hit a new 52-week high on Thursday . The company traded as high as $33.50 and last traded at $33.5240, with a volume of 13614 shares traded. The stock had previously closed at $33.26.

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

The stock has a market capitalization of $779.70 million, a P/E ratio of 21.06 and a beta of 0.84. The company’s 50-day simple moving average is $32.16 and its 200-day simple moving average is $30.40.

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

A number of large investors have recently made changes to their positions in RSPH. HighTower Advisors LLC raised its stake in shares of Invesco S&P 500 Equal Weight Health Care ETF by 1.0% during the 3rd quarter. HighTower Advisors LLC now owns 2,267,935 shares of the company’s stock valued at $66,655,000 after purchasing an additional 21,832 shares during the period. Walled Lake Planning & Wealth Management LLC grew its holdings in Invesco S&P 500 Equal Weight Health Care ETF by 1.5% during the 3rd quarter. Walled Lake Planning & Wealth Management LLC now owns 413,772 shares of the company’s stock valued at $12,161,000 after buying an additional 6,046 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Invesco S&P 500 Equal Weight Health Care ETF by 99.0% during the second quarter. JPMorgan Chase & Co. now owns 327,886 shares of the company’s stock valued at $9,568,000 after buying an additional 163,110 shares during the period. Bank of Montreal Can increased its position in shares of Invesco S&P 500 Equal Weight Health Care ETF by 0.5% during the second quarter. Bank of Montreal Can now owns 176,582 shares of the company’s stock valued at $5,153,000 after buying an additional 828 shares during the period. Finally, Osaic Holdings Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight Health Care ETF by 4.3% in the second quarter. Osaic Holdings Inc. now owns 137,564 shares of the company’s stock worth $4,014,000 after buying an additional 5,632 shares in the last quarter.

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.