MAI Capital Management trimmed its stake in shares of Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH – Free Report) by 2.0% during the second quarter, HoldingsChannel reports. The fund owned 329,368 shares of the company’s stock after selling 6,676 shares during the quarter. MAI Capital Management’s holdings in Invesco S&P 500 Equal Weight Health Care ETF were worth $9,611,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently modified their holdings of the stock. AE Wealth Management LLC raised its stake in shares of Invesco S&P 500 Equal Weight Health Care ETF by 66.5% in the 1st quarter. AE Wealth Management LLC now owns 941 shares of the company’s stock valued at $28,000 after purchasing an additional 376 shares in the last quarter. Avalon Trust Co acquired a new position in Invesco S&P 500 Equal Weight Health Care ETF in the first quarter worth about $30,000. SVB Wealth LLC bought a new stake in Invesco S&P 500 Equal Weight Health Care ETF in the first quarter valued at about $31,000. National Bank of Canada FI raised its stake in Invesco S&P 500 Equal Weight Health Care ETF by 7.4% during the first quarter. National Bank of Canada FI now owns 5,295 shares of the company’s stock valued at $157,000 after buying an additional 364 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its holdings in Invesco S&P 500 Equal Weight Health Care ETF by 5.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 14,292 shares of the company’s stock worth $425,000 after buying an additional 686 shares during the last quarter.
Invesco S&P 500 Equal Weight Health Care ETF Trading Up 2.9%
Shares of RSPH opened at $31.54 on Friday. The firm has a market cap of $748.44 million, a price-to-earnings ratio of 21.06 and a beta of 0.84. Invesco S&P 500 Equal Weight Health Care ETF has a 52 week low of $26.36 and a 52 week high of $31.72. The stock has a 50 day moving average of $30.11 and a 200-day moving average of $29.29.
Invesco S&P 500 Equal Weight Health Care ETF 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.
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Want to see what other hedge funds are holding RSPH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH – Free Report).
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