Royal Bank of Canada Raises Stake in Invesco S&P 500 Equal Weight Health Care ETF $RSPH

Royal Bank of Canada lifted its stake in shares of Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH) by 4.9% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 350,011 shares of the company’s stock after purchasing an additional 16,485 shares during the quarter. Royal Bank of Canada owned about 1.54% of Invesco S&P 500 Equal Weight Health Care ETF worth $10,568,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. International Assets Investment Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Health Care ETF in the fourth quarter valued at about $26,000. Hazlett Burt & Watson Inc. purchased a new stake in Invesco S&P 500 Equal Weight Health Care ETF during the fourth quarter worth about $32,000. Raleigh Capital Management Inc. acquired a new position in Invesco S&P 500 Equal Weight Health Care ETF during the first quarter worth about $33,000. CIBC Private Wealth Group LLC grew its position in Invesco S&P 500 Equal Weight Health Care ETF by 55.7% during the third quarter. CIBC Private Wealth Group LLC now owns 1,110 shares of the company’s stock worth $33,000 after buying an additional 397 shares during the period. Finally, Arax Advisory Partners purchased a new position in Invesco S&P 500 Equal Weight Health Care ETF in the fourth quarter valued at about $41,000.

Invesco S&P 500 Equal Weight Health Care ETF Trading Up 1.2%

RSPH stock opened at $35.54 on Friday. The firm has a 50 day moving average of $33.30 and a 200-day moving average of $32.05. Invesco S&P 500 Equal Weight Health Care ETF has a 12-month low of $27.93 and a 12-month high of $35.59. The company has a market cap of $783.66 million, a price-to-earnings ratio of 21.06 and a beta of 0.78.

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.