Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH) Hits New 52-Week High – What’s Next?

Shares of Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPHGet Free Report) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $36.30 and last traded at $36.23, with a volume of 6585 shares. The stock had previously closed at $35.76.

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

The firm has a market capitalization of $838.56 million, a P/E ratio of 21.06 and a beta of 0.78. The company’s 50 day moving average price is $34.05 and its 200 day moving average price is $32.24.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of RSPH. Goldman Sachs Group Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight Health Care ETF in the 1st quarter valued at $562,000. EP Wealth Advisors LLC lifted its stake in shares of Invesco S&P 500 Equal Weight Health Care ETF by 15.9% during the second quarter. EP Wealth Advisors LLC now owns 6,400 shares of the company’s stock valued at $187,000 after acquiring an additional 880 shares during the period. Mercer Global Advisors Inc. ADV lifted its stake in shares of Invesco S&P 500 Equal Weight Health Care ETF by 15.0% during the third quarter. Mercer Global Advisors Inc. ADV now owns 61,769 shares of the company’s stock valued at $1,815,000 after acquiring an additional 8,056 shares during the period. National Bank of Canada FI boosted its holdings in Invesco S&P 500 Equal Weight Health Care ETF by 1,954.6% in the third quarter. National Bank of Canada FI now owns 108,792 shares of the company’s stock valued at $3,191,000 after acquiring an additional 103,497 shares during the last quarter. Finally, Sykon Capital LLC bought a new position in Invesco S&P 500 Equal Weight Health Care ETF in the third quarter valued at about $2,029,000.

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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