LM Advisors LLC Sells 30,607 Shares of Invesco S&P 500 Equal Weight Health Care ETF $RSPH

LM Advisors LLC cut its position in shares of Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH) by 96.9% during the 4th quarter, HoldingsChannel reports. The firm owned 966 shares of the company’s stock after selling 30,607 shares during the period. LM Advisors LLC’s holdings in Invesco S&P 500 Equal Weight Health Care ETF were worth $30,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Goldman Sachs Group Inc. purchased a new position in Invesco S&P 500 Equal Weight Health Care ETF during the first quarter valued at $562,000. EP Wealth Advisors LLC raised its stake in Invesco S&P 500 Equal Weight Health Care ETF by 15.9% during the second quarter. EP Wealth Advisors LLC now owns 6,400 shares of the company’s stock valued at $187,000 after buying an additional 880 shares during the last quarter. HighTower Advisors LLC raised its stake in Invesco S&P 500 Equal Weight Health Care ETF by 1.0% during the third quarter. HighTower Advisors LLC now owns 2,267,935 shares of the company’s stock valued at $66,655,000 after buying an additional 21,832 shares during the last quarter. Zhang Financial LLC purchased a new position in Invesco S&P 500 Equal Weight Health Care ETF during the third quarter valued at $203,000. Finally, Walled Lake Planning & Wealth Management LLC raised its stake in Invesco S&P 500 Equal Weight Health Care ETF by 1.5% during the third quarter. Walled Lake Planning & Wealth Management LLC now owns 413,772 shares of the company’s stock valued at $12,161,000 after buying an additional 6,046 shares during the last quarter.

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

Shares of NYSEARCA:RSPH opened at $32.16 on Monday. The stock has a fifty day simple moving average of $30.88 and a two-hundred day simple moving average of $31.63. The stock has a market capitalization of $732.28 million, a price-to-earnings ratio of 21.06 and a beta of 0.80. Invesco S&P 500 Equal Weight Health Care ETF has a 12-month low of $27.33 and a 12-month high of $33.51.

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.