Shorepoint Capital Partners LLC Grows Position in Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH)

Shorepoint Capital Partners LLC boosted its position in shares of Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH) by 18.6% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 10,200 shares of the company’s stock after acquiring an additional 1,600 shares during the period. Shorepoint Capital Partners LLC’s holdings in Invesco S&P 500 Equal Weight Health Care ETF were worth $299,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in RSPH. Eagle Capital Management LLC increased its stake in Invesco S&P 500 Equal Weight Health Care ETF by 1.4% in the fourth quarter. Eagle Capital Management LLC now owns 27,467 shares of the company’s stock worth $805,000 after purchasing an additional 391 shares during the period. Walker Asset Management LLC lifted its position in shares of Invesco S&P 500 Equal Weight Health Care ETF by 1.1% during the fourth quarter. Walker Asset Management LLC now owns 40,695 shares of the company’s stock valued at $1,192,000 after buying an additional 451 shares during the last quarter. Private Advisor Group LLC grew its holdings in Invesco S&P 500 Equal Weight Health Care ETF by 0.5% in the fourth quarter. Private Advisor Group LLC now owns 127,182 shares of the company’s stock worth $3,726,000 after purchasing an additional 615 shares during the last quarter. Focus Financial Network Inc. boosted its holdings in Invesco S&P 500 Equal Weight Health Care ETF by 0.7% in the fourth quarter. Focus Financial Network Inc. now owns 118,242 shares of the company’s stock worth $3,465,000 after acquiring an additional 780 shares in the last quarter. Finally, FCA Corp TX grew its position in Invesco S&P 500 Equal Weight Health Care ETF by 0.8% during the 4th quarter. FCA Corp TX now owns 140,472 shares of the company’s stock worth $4,116,000 after purchasing an additional 1,156 shares during the last quarter.

Invesco S&P 500 Equal Weight Health Care ETF Stock Down 0.2 %

Shares of NYSEARCA:RSPH opened at $28.17 on Friday. The stock has a market cap of $746.51 million, a price-to-earnings ratio of 24.37 and a beta of 0.88. Invesco S&P 500 Equal Weight Health Care ETF has a 52-week low of $26.36 and a 52-week high of $32.85. The business has a 50-day moving average price of $29.19 and a 200-day moving average price of $30.09.

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.