Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH) Reaches New 12-Month High – Here’s Why

Shares of Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPHGet Free Report) reached a new 52-week high on Thursday . The company traded as high as $35.59 and last traded at $35.34, with a volume of 3249 shares trading hands. The stock had previously closed at $35.21.

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

The company has a 50-day simple moving average of $33.13 and a 200-day simple moving average of $32.01. The stock has a market cap of $771.75 million, a P/E ratio of 21.06 and a beta of 0.78.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in RSPH. Goldman Sachs Group Inc. acquired a new position in Invesco S&P 500 Equal Weight Health Care ETF during the 1st quarter worth about $562,000. EP Wealth Advisors LLC increased its position in Invesco S&P 500 Equal Weight Health Care ETF by 15.9% in the 2nd quarter. EP Wealth Advisors LLC now owns 6,400 shares of the company’s stock valued at $187,000 after acquiring an additional 880 shares in the last quarter. Mercer Global Advisors Inc. ADV increased its position in Invesco S&P 500 Equal Weight Health Care ETF by 15.0% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 61,769 shares of the company’s stock valued at $1,815,000 after acquiring an additional 8,056 shares in the last quarter. National Bank of Canada FI raised its stake in shares of Invesco S&P 500 Equal Weight Health Care ETF by 1,954.6% in the third quarter. National Bank of Canada FI now owns 108,792 shares of the company’s stock worth $3,191,000 after acquiring an additional 103,497 shares during the last quarter. Finally, Sykon Capital LLC bought a new position in shares of Invesco S&P 500 Equal Weight Health Care ETF in the third quarter worth about $2,029,000.

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.

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