Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RYH) Shares Down 0.8% – Here’s Why

Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RYH – Get Free Report) traded down 0.8% during mid-day trading on Wednesday. The stock traded as low as $36.83 and last traded at $36.97. 220,852 shares traded hands during mid-day trading, an increase of 2,307% from the average daily volume of 9,174 shares. The stock had previously closed at $37.28.

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

The company has a 50-day simple moving average of $36.67 and a 200-day simple moving average of $33.40. The firm has a market cap of $126.44 million, a PE ratio of 20.93 and a beta of 0.85.

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

An institutional investor recently bought a new position in Invesco S&P 500 Equal Weight Health Care ETF stock. Compass Financial Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RYH – Free Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 873 shares of the company’s stock, valued at approximately $29,000.

Invesco S&P 500 Equal Weight Health Care ETF Company Profile

(Get Free Report)

The Invesco S&P 500 Equal Weight Health Care ETF (RYH) 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. RYH was launched on Nov 1, 2006 and is managed by Invesco.

Further Reading

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