Optas LLC Raises Holdings in Invesco S&P 500 Equal Weight Health Care ETF $RSPH

Optas LLC grew its holdings in Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH) by 99.6% in the 1st quarter, Holdings Channel reports. The institutional investor owned 60,308 shares of the company’s stock after buying an additional 30,098 shares during the quarter. Optas LLC’s holdings in Invesco S&P 500 Equal Weight Health Care ETF were worth $1,821,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of RSPH. International Assets Investment Management LLC acquired a new position in Invesco S&P 500 Equal Weight Health Care ETF during the fourth quarter worth $26,000. Lodestone Wealth Management LLC purchased a new position in Invesco S&P 500 Equal Weight Health Care ETF in the fourth quarter worth $28,000. Hazlett Burt & Watson Inc. acquired a new stake in Invesco S&P 500 Equal Weight Health Care ETF in the fourth quarter valued at $32,000. CIBC Private Wealth Group LLC lifted its holdings in Invesco S&P 500 Equal Weight Health Care ETF by 55.7% in the third quarter. CIBC Private Wealth Group LLC now owns 1,110 shares of the company’s stock valued at $33,000 after acquiring an additional 397 shares during the period. Finally, Arax Advisory Partners purchased a new stake in shares of Invesco S&P 500 Equal Weight Health Care ETF during the 4th quarter worth $41,000.

Invesco S&P 500 Equal Weight Health Care ETF Stock Up 2.5%

NYSEARCA:RSPH opened at $34.52 on Friday. Invesco S&P 500 Equal Weight Health Care ETF has a fifty-two week low of $27.33 and a fifty-two week high of $34.52. The stock has a market cap of $726.30 million, a PE ratio of 21.06 and a beta of 0.78. The firm’s fifty day simple moving average is $31.36 and its 200-day simple moving average is $31.68.

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.