LPL Financial LLC Sells 117,854 Shares of Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH)

LPL Financial LLC lowered its stake in Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH) by 20.3% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 464,096 shares of the company’s stock after selling 117,854 shares during the quarter. LPL Financial LLC owned about 1.75% of Invesco S&P 500 Equal Weight Health Care ETF worth $13,807,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Raymond James Financial Inc. bought a new stake in Invesco S&P 500 Equal Weight Health Care ETF during the 4th quarter valued at approximately $8,286,000. Blue Sky Capital Consultants Group Inc. bought a new stake in Invesco S&P 500 Equal Weight Health Care ETF during the 4th quarter valued at approximately $4,209,000. Farther Finance Advisors LLC raised its stake in Invesco S&P 500 Equal Weight Health Care ETF by 1,189.2% during the 1st quarter. Farther Finance Advisors LLC now owns 121,697 shares of the company’s stock valued at $3,577,000 after purchasing an additional 112,257 shares during the period. Graham Capital Management L.P. purchased a new position in Invesco S&P 500 Equal Weight Health Care ETF during the 4th quarter valued at approximately $3,223,000. Finally, Pettinga Financial Advisors LLC purchased a new position in Invesco S&P 500 Equal Weight Health Care ETF during the 1st quarter valued at approximately $840,000.

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

NYSEARCA RSPH opened at $27.63 on Thursday. The stock has a market capitalization of $680.53 million, a PE ratio of 21.06 and a beta of 0.84. The business has a 50 day simple moving average of $28.78 and a two-hundred day simple moving average of $29.19. Invesco S&P 500 Equal Weight Health Care ETF has a 1-year low of $26.36 and a 1-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.