Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH) Stock Price Up 0.5% – What’s Next?

Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH) shares traded up 0.5% on Wednesday . The stock traded as high as $30.52 and last traded at $30.35. 32,302 shares traded hands during mid-day trading, a decline of 64% from the average session volume of 89,190 shares. The stock had previously closed at $30.19.

Invesco S&P 500 Equal Weight Health Care ETF Trading Up 0.5%

The business has a 50 day simple moving average of $31.83 and a two-hundred day simple moving average of $31.36. The company has a market cap of $704.12 million, a PE ratio of 21.06 and a beta of 0.84.

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

Several large investors have recently added to or reduced their stakes in RSPH. CIBC Private Wealth Group LLC grew its holdings in Invesco S&P 500 Equal Weight Health Care ETF by 55.7% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,110 shares of the company’s stock valued at $33,000 after buying an additional 397 shares during the period. IFP Advisors Inc lifted its holdings in shares of Invesco S&P 500 Equal Weight Health Care ETF by 22.1% during the 4th quarter. IFP Advisors Inc now owns 3,968 shares of the company’s stock worth $126,000 after acquiring an additional 718 shares during the period. Montag A & Associates Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight Health Care ETF by 46.4% during the 4th quarter. Montag A & Associates Inc. now owns 2,433 shares of the company’s stock worth $77,000 after acquiring an additional 771 shares during the period. International Assets Investment Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Health Care ETF in the fourth quarter worth approximately $26,000. Finally, Lodestone Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Health Care ETF in the fourth quarter worth approximately $28,000.

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.