Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH) Sees Large Volume Increase

Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH) saw unusually-strong trading volume on Tuesday . Approximately 116,053 shares were traded during trading, an increase of 41% from the previous session’s volume of 82,518 shares.The stock last traded at $31.17 and had previously closed at $30.70.

Invesco S&P 500 Equal Weight Health Care ETF Trading Up 0.4 %

The company has a market capitalization of $985.32 million, a price-to-earnings ratio of 23.48 and a beta of 1.02. The firm’s fifty day simple moving average is $30.44 and its two-hundred day simple moving average is $30.58.

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

Several large investors have recently modified their holdings of the business. Lake Street Advisors Group LLC boosted its position in shares of Invesco S&P 500 Equal Weight Health Care ETF by 17.4% during the 2nd quarter. Lake Street Advisors Group LLC now owns 13,500 shares of the company’s stock worth $405,000 after purchasing an additional 2,000 shares during the period. Family Asset Management LLC boosted its stake in Invesco S&P 500 Equal Weight Health Care ETF by 15.0% during the 2nd quarter. Family Asset Management LLC now owns 4,554 shares of the company’s stock worth $137,000 after purchasing an additional 593 shares during the period. International Assets Investment Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Health Care ETF during the second quarter worth about $47,000. Cambridge Investment Research Advisors Inc. lifted its position in shares of Invesco S&P 500 Equal Weight Health Care ETF by 4.7% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 161,354 shares of the company’s stock valued at $4,845,000 after acquiring an additional 7,254 shares during the period. Finally, Focus Financial Network Inc. increased its position in Invesco S&P 500 Equal Weight Health Care ETF by 25.5% during the second quarter. Focus Financial Network Inc. now owns 118,794 shares of the company’s stock worth $3,694,000 after buying an additional 24,144 shares in the last quarter.

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.