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

Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH) shares saw unusually-strong trading volume on Tuesday . Approximately 116,053 shares changed hands 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 stock has a market cap of $985.32 million, a price-to-earnings ratio of 23.48 and a beta of 1.02. The company has a 50 day simple moving average of $30.44 and a 200-day simple moving average of $30.58.

Institutional Trading of Invesco S&P 500 Equal Weight Health Care ETF

A number of institutional investors have recently made changes to their positions in RSPH. Rainey & Randall Investment Management Inc. increased its stake in Invesco S&P 500 Equal Weight Health Care ETF by 1.8% in the 1st quarter. Rainey & Randall Investment Management Inc. now owns 693,725 shares of the company’s stock valued at $22,054,000 after buying an additional 12,145 shares during the last quarter. Osaic Holdings Inc. increased its position in shares of Invesco S&P 500 Equal Weight Health Care ETF by 18.9% in the first quarter. Osaic Holdings Inc. now owns 618,939 shares of the company’s stock valued at $19,676,000 after acquiring an additional 98,505 shares during the last quarter. Commonwealth Equity Services LLC boosted its position in Invesco S&P 500 Equal Weight Health Care ETF by 55.8% during the first quarter. Commonwealth Equity Services LLC now owns 329,125 shares of the company’s stock valued at $10,463,000 after purchasing an additional 117,912 shares during the last quarter. UBS Group AG bought a new position in Invesco S&P 500 Equal Weight Health Care ETF in the fourth quarter valued at approximately $9,555,000. Finally, Wells Fargo & Company MN bought a new position in Invesco S&P 500 Equal Weight Health Care ETF in the fourth quarter valued at approximately $8,761,000.

Invesco S&P 500 Equal Weight Health Care ETF Company Profile

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.