Ameriprise Financial Inc. Cuts Stock Position in Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH)

Ameriprise Financial Inc. lowered its stake in shares of Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH) by 2.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 140,798 shares of the company’s stock after selling 3,190 shares during the quarter. Ameriprise Financial Inc. owned 0.44% of Invesco S&P 500 Equal Weight Health Care ETF worth $4,125,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. HighTower Advisors LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight Health Care ETF by 0.8% in the fourth quarter. HighTower Advisors LLC now owns 2,230,080 shares of the company’s stock valued at $65,341,000 after purchasing an additional 18,616 shares during the period. Rainey & Randall Wealth Advisors Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight Health Care ETF by 0.8% during the fourth quarter. Rainey & Randall Wealth Advisors Inc. now owns 711,010 shares of the company’s stock worth $20,833,000 after purchasing an additional 5,481 shares during the period. Walled Lake Planning & Wealth Management LLC raised its stake in shares of Invesco S&P 500 Equal Weight Health Care ETF by 5.3% during the 4th quarter. Walled Lake Planning & Wealth Management LLC now owns 365,639 shares of the company’s stock valued at $10,713,000 after buying an additional 18,535 shares during the last quarter. Raymond James Financial Inc. purchased a new position in Invesco S&P 500 Equal Weight Health Care ETF in the fourth quarter valued at $8,286,000. Finally, FCA Corp TX increased its holdings in Invesco S&P 500 Equal Weight Health Care ETF by 0.8% in the 4th quarter. FCA Corp TX now owns 140,472 shares of the company’s stock worth $4,116,000 after acquiring an additional 1,156 shares in the last quarter.

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

Shares of RSPH opened at $28.18 on Monday. The stock has a market capitalization of $740.01 million, a price-to-earnings ratio of 24.56 and a beta of 0.87. The stock has a 50 day moving average price of $28.49 and a 200 day moving average price of $29.72. Invesco S&P 500 Equal Weight Health Care ETF has a one year low of $26.36 and a one year high of $32.85.

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.