Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH) Sees Large Volume Increase – Here’s What Happened

Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH) shares saw an uptick in trading volume on Tuesday . 142,640 shares traded hands during mid-day trading, an increase of 1% from the previous session’s volume of 141,800 shares.The stock last traded at $31.59 and had previously closed at $31.59.

Invesco S&P 500 Equal Weight Health Care ETF Stock Down 0.4 %

The company has a market capitalization of $1.01 billion, a PE ratio of 23.48 and a beta of 1.02. The firm has a 50-day moving average of $30.20 and a two-hundred day moving average of $30.98.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of RSPH. Assetmark Inc. acquired a new position in Invesco S&P 500 Equal Weight Health Care ETF during the 3rd quarter worth about $35,000. Joseph Group Capital Management lifted its position in shares of Invesco S&P 500 Equal Weight Health Care ETF by 2,015.4% during the third quarter. Joseph Group Capital Management now owns 3,152 shares of the company’s stock worth $102,000 after purchasing an additional 3,003 shares in the last quarter. MML Investors Services LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Health Care ETF in the third quarter valued at approximately $207,000. Citizens Financial Group Inc. RI acquired a new position in shares of Invesco S&P 500 Equal Weight Health Care ETF in the third quarter valued at approximately $238,000. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new position in shares of Invesco S&P 500 Equal Weight Health Care ETF in the fourth quarter valued at approximately $277,000.

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.