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

Shares of Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH – Get Free Report) saw an uptick in trading volume on Friday. 286,078 shares traded hands during trading, an increase of 114% from the previous session’s volume of 133,509 shares. The stock last traded at $39.52 and had previously closed at $39.76.

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

The stock has a 50-day moving average price of $37.38 and a two-hundred day moving average price of $34.12. The stock has a market capitalization of $959.87 million, a PE ratio of 21.06 and a beta of 0.78.

Hedge Funds Weigh In On Invesco S&P 500 Equal Weight Health Care ETF

Several institutional investors have recently added to or reduced their stakes in the company. Valley Wealth Managers Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight Health Care ETF in the 3rd quarter valued at approximately $7,555,000. Hartford Financial Management Inc. bought a new position in Invesco S&P 500 Equal Weight Health Care ETF in the 3rd quarter worth about $2,065,000. Cetera Investment Advisers boosted its holdings in shares of Invesco S&P 500 Equal Weight Health Care ETF by 27.0% in the first quarter. Cetera Investment Advisers now owns 153,515 shares of the company’s stock valued at $4,635,000 after purchasing an additional 32,655 shares during the period. Optas LLC grew its position in shares of Invesco S&P 500 Equal Weight Health Care ETF by 99.6% during the 1st quarter. Optas LLC now owns 60,308 shares of the company’s stock worth $1,821,000 after buying an additional 30,098 shares in the last quarter. Finally, First Heartland Consultants Inc. purchased a new position in Invesco S&P 500 Equal Weight Health Care ETF during the 3rd quarter valued at about $696,000.

About Invesco S&P 500 Equal Weight Health Care ETF

(Get Free Report)

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.

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