Socha Financial Group LLC Makes New Investment in Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH)

Socha Financial Group LLC bought a new position in shares of Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 76,684 shares of the company’s stock, valued at approximately $2,284,000. Invesco S&P 500 Equal Weight Health Care ETF accounts for about 1.1% of Socha Financial Group LLC’s holdings, making the stock its 9th biggest holding.

Several other hedge funds also recently bought and sold shares of RSPH. SOA Wealth Advisors LLC. purchased a new position in Invesco S&P 500 Equal Weight Health Care ETF during the fourth quarter worth about $134,000. Yarbrough Capital LLC purchased a new position in Invesco S&P 500 Equal Weight Health Care ETF during the fourth quarter worth about $252,000. GPS Wealth Strategies Group LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Health Care ETF in the fourth quarter valued at approximately $31,000. Cooper Financial Group purchased a new position in shares of Invesco S&P 500 Equal Weight Health Care ETF in the fourth quarter valued at approximately $493,000. Finally, Retirement Planning Group LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Health Care ETF in the fourth quarter valued at approximately $211,000.

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

Shares of NYSEARCA RSPH traded up $0.47 during midday trading on Tuesday, hitting $30.04. The company’s stock had a trading volume of 25,896 shares, compared to its average volume of 96,572. The business’s fifty day simple moving average is $30.94 and its two-hundred day simple moving average is $29.27. Invesco S&P 500 Equal Weight Health Care ETF has a 1 year low of $25.03 and a 1 year high of $31.90. The firm has a market capitalization of $968.19 million, a price-to-earnings ratio of 24.22 and a beta of 1.01.

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.