Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH) Sees Unusually-High Trading Volume – Here’s Why

Shares of Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPHGet Free Report) saw an uptick in trading volume on Monday . 272,084 shares changed hands during trading, an increase of 235% from the previous session’s volume of 81,110 shares.The stock last traded at $29.38 and had previously closed at $29.38.

Invesco S&P 500 Equal Weight Health Care ETF Trading Up 0.2 %

The company has a 50 day moving average price of $30.77 and a 200 day moving average price of $31.01. The company has a market capitalization of $940.88 million, a P/E ratio of 23.48 and a beta of 1.02.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in RSPH. Assetmark Inc. acquired a new stake in Invesco S&P 500 Equal Weight Health Care ETF during the 3rd quarter worth approximately $35,000. International Assets Investment Management LLC acquired a new stake in Invesco S&P 500 Equal Weight Health Care ETF during the 2nd quarter worth approximately $47,000. Joseph Group Capital Management lifted its holdings in Invesco S&P 500 Equal Weight Health Care ETF by 2,015.4% during the 3rd quarter. Joseph Group Capital Management now owns 3,152 shares of the company’s stock worth $102,000 after purchasing an additional 3,003 shares during the last quarter. Family Asset Management LLC lifted its holdings in Invesco S&P 500 Equal Weight Health Care ETF by 15.0% during the 2nd quarter. Family Asset Management LLC now owns 4,554 shares of the company’s stock worth $137,000 after purchasing an additional 593 shares during the last quarter. Finally, MML Investors Services LLC acquired a new stake in Invesco S&P 500 Equal Weight Health Care ETF during the 3rd quarter worth approximately $207,000.

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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