Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH) Reaches New 12-Month High – Here’s What Happened

Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPHGet Free Report) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $35.04 and last traded at $34.98, with a volume of 10481 shares changing hands. The stock had previously closed at $34.13.

Invesco S&P 500 Equal Weight Health Care ETF Trading Down 0.1%

The company has a market capitalization of $775.06 million, a P/E ratio of 21.06 and a beta of 0.78. The business’s fifty day moving average price is $32.72 and its 200-day moving average price is $31.93.

Institutional Investors Weigh In On Invesco S&P 500 Equal Weight Health Care ETF

A number of institutional investors have recently made changes to their positions in RSPH. International Assets Investment Management LLC purchased a new stake in Invesco S&P 500 Equal Weight Health Care ETF during the fourth quarter valued at about $26,000. Lodestone Wealth Management LLC bought a new stake in Invesco S&P 500 Equal Weight Health Care ETF in the fourth quarter valued at $28,000. Hazlett Burt & Watson Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight Health Care ETF during the fourth quarter valued at about $32,000. Raleigh Capital Management Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight Health Care ETF during the 1st quarter worth approximately $33,000. Finally, CIBC Private Wealth Group LLC grew its stake in Invesco S&P 500 Equal Weight Health Care ETF by 55.7% in the third quarter. CIBC Private Wealth Group LLC now owns 1,110 shares of the company’s stock worth $33,000 after purchasing an additional 397 shares during the period.

About Invesco S&P 500 Equal Weight Health Care ETF

(Get Free Report)

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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