Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH) Sees Unusually-High Trading Volume – Here’s What Happened

Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH) shares saw unusually-high trading volume on Tuesday . Approximately 140,219 shares changed hands during trading, an increase of 72% from the previous session’s volume of 81,598 shares.The stock last traded at $29.35 and had previously closed at $29.19.

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

The firm has a market capitalization of $937.04 million, a P/E ratio of 23.48 and a beta of 1.02. The firm has a 50 day moving average price of $30.53 and a two-hundred day moving average price of $30.97.

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

A number of hedge funds have recently bought and sold shares of RSPH. Eagle Capital Management LLC lifted its position in shares of Invesco S&P 500 Equal Weight Health Care ETF by 1.7% in the third quarter. Eagle Capital Management LLC now owns 27,076 shares of the company’s stock worth $873,000 after purchasing an additional 444 shares in the last quarter. Kingfisher Capital LLC lifted its position in shares of Invesco S&P 500 Equal Weight Health Care ETF by 0.9% in the second quarter. Kingfisher Capital LLC now owns 49,322 shares of the company’s stock worth $1,481,000 after purchasing an additional 458 shares in the last quarter. Financial Advocates Investment Management lifted its position in shares of Invesco S&P 500 Equal Weight Health Care ETF by 5.6% in the third quarter. Financial Advocates Investment Management now owns 9,528 shares of the company’s stock worth $307,000 after purchasing an additional 509 shares in the last quarter. Acorn Wealth Advisors LLC lifted its position in shares of Invesco S&P 500 Equal Weight Health Care ETF by 0.8% in the third quarter. Acorn Wealth Advisors LLC now owns 70,639 shares of the company’s stock worth $2,277,000 after purchasing an additional 567 shares in the last quarter. Finally, Oppenheimer & Co. Inc. lifted its position in shares of Invesco S&P 500 Equal Weight Health Care ETF by 0.9% in the third quarter. Oppenheimer & Co. Inc. now owns 63,046 shares of the company’s stock worth $2,032,000 after purchasing an additional 582 shares in the last quarter.

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.