Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH) Hits New 1-Year High at $32.57

Shares of Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH) reached a new 52-week high during trading on Monday . The company traded as high as $32.57 and last traded at $32.57, with a volume of 3705 shares. The stock had previously closed at $32.25.

Invesco S&P 500 Equal Weight Health Care ETF Stock Down 0.6 %

The firm has a market cap of $1.03 billion, a P/E ratio of 23.48 and a beta of 1.02. The company’s 50 day simple moving average is $31.38 and its 200-day simple moving average is $30.82.

Institutional Trading of Invesco S&P 500 Equal Weight Health Care ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Red Mountain Financial LLC purchased a new position in Invesco S&P 500 Equal Weight Health Care ETF during the 4th quarter worth $1,118,000. Scarborough Advisors LLC purchased a new position in Invesco S&P 500 Equal Weight Health Care ETF in the fourth quarter valued at about $1,840,000. Joseph Group Capital Management bought a new stake in shares of Invesco S&P 500 Equal Weight Health Care ETF in the 4th quarter valued at about $139,000. Novak & Powell Financial Services Inc. purchased a new position in Invesco S&P 500 Equal Weight Health Care ETF in the fourth quarter worth $164,000. Finally, Steward Partners Investment Advisory LLC acquired a new position in Invesco S&P 500 Equal Weight Health Care ETF during the 4th quarter valued at about $242,000.

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.