Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH) Hits New 1-Year High – Here’s What Happened

Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH) hit a new 52-week high during trading on Wednesday . The company traded as high as $36.24 and last traded at $36.03, with a volume of 53485 shares. The stock had previously closed at $36.01.

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

The company has a market cap of $794.46 million, a PE ratio of 21.06 and a beta of 0.78. The company has a 50 day simple moving average of $33.50 and a two-hundred day simple moving average of $32.09.

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

Several institutional investors have recently made changes to their positions in RSPH. Hills Bank & Trust Co acquired a new stake in shares of Invesco S&P 500 Equal Weight Health Care ETF during the 4th quarter valued at $1,316,000. Optas LLC increased its stake in shares of Invesco S&P 500 Equal Weight Health Care ETF by 99.6% in the first quarter. Optas LLC now owns 60,308 shares of the company’s stock worth $1,821,000 after acquiring an additional 30,098 shares during the last quarter. Perryman Financial Advisory Inc. AD acquired a new position in shares of Invesco S&P 500 Equal Weight Health Care ETF in the fourth quarter worth $550,000. Farther Finance Advisors LLC raised its holdings in shares of Invesco S&P 500 Equal Weight Health Care ETF by 15.5% during the fourth quarter. Farther Finance Advisors LLC now owns 134,061 shares of the company’s stock worth $4,270,000 after acquiring an additional 18,026 shares in the last quarter. Finally, Merit Financial Group LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Health Care ETF during the fourth quarter worth $816,000.

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