Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RYH) Holdings Lowered by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. lowered its stake in Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RYH – Get Rating) by 12.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,276 shares of the company’s stock after selling 634 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.13% of Invesco S&P 500 Equal Weight Health Care ETF worth $1,234,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the company. Bank of America Corp DE raised its position in Invesco S&P 500 Equal Weight Health Care ETF by 1.3% during the first quarter. Bank of America Corp DE now owns 59,124 shares of the company’s stock valued at $18,118,000 after buying an additional 775 shares during the period. Royal Bank of Canada lifted its position in shares of Invesco S&P 500 Equal Weight Health Care ETF by 7.2% in the third quarter. Royal Bank of Canada now owns 54,027 shares of the company’s stock worth $13,577,000 after purchasing an additional 3,625 shares in the last quarter. Rainey & Randall Investment Management Inc. boosted its holdings in shares of Invesco S&P 500 Equal Weight Health Care ETF by 17.9% during the fourth quarter. Rainey & Randall Investment Management Inc. now owns 53,967 shares of the company’s stock worth $15,568,000 after purchasing an additional 8,184 shares during the period. Prudential Financial Inc. grew its position in Invesco S&P 500 Equal Weight Health Care ETF by 159.0% during the third quarter. Prudential Financial Inc. now owns 50,146 shares of the company’s stock valued at $13,677,000 after purchasing an additional 30,783 shares in the last quarter. Finally, UBS Group AG increased its stake in Invesco S&P 500 Equal Weight Health Care ETF by 289.5% in the 3rd quarter. UBS Group AG now owns 42,149 shares of the company’s stock valued at $10,592,000 after buying an additional 31,327 shares during the period.

Invesco S&P 500 Equal Weight Health Care ETF Stock Down 1.5 %

RYH stock opened at $287.49 on Wednesday. The company has a 50 day moving average of $292.53 and a two-hundred day moving average of $291.08. Invesco S&P 500 Equal Weight Health Care ETF has a 12-month low of $248.94 and a 12-month high of $304.15. The company has a market cap of $980.34 million, a price-to-earnings ratio of 15.11 and a beta of 0.85.

Invesco S&P 500 Equal Weight Health Care ETF Profile

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The Invesco S&P 500 Equal Weight Health Care ETF (RYH) 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. RYH was launched on Nov 1, 2006 and is managed by Invesco.