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

Shares of Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH) saw an uptick in trading volume on Tuesday. 138,704 shares changed hands during mid-day trading, an increase of 1% from the average daily volume of 137,266 shares. The stock last traded at $40.2210 and had previously closed at $39.90.

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

The business has a 50-day moving average of $37.76 and a 200 day moving average of $33.71. The company has a market capitalization of $993.56 million, a PE ratio of 21.06 and a beta of 0.78.

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

Several hedge funds have recently modified their holdings of RSPH. Asset Dedication LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Health Care ETF in the 3rd quarter worth approximately $798,000. Kestra Advisory Services LLC raised its holdings in Invesco S&P 500 Equal Weight Health Care ETF by 7.2% during the 3rd quarter. Kestra Advisory Services LLC now owns 16,477 shares of the company’s stock valued at $610,000 after buying an additional 1,113 shares during the period. Commonwealth Equity Services LLC purchased a new stake in Invesco S&P 500 Equal Weight Health Care ETF during the 3rd quarter valued at $3,769,000. Kestra Private Wealth Services LLC bought a new stake in Invesco S&P 500 Equal Weight Health Care ETF in the third quarter worth $227,000. Finally, Walled Lake Planning & Wealth Management LLC lifted its position in Invesco S&P 500 Equal Weight Health Care ETF by 1.9% in the third quarter. Walled Lake Planning & Wealth Management LLC now owns 463,995 shares of the company’s stock worth $17,172,000 after buying an additional 8,874 shares during the last quarter.

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.