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

Shares of Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPHGet Free Report) saw unusually-strong trading volume on Monday . 141,872 shares traded hands during trading, an increase of 27% from the previous session’s volume of 111,652 shares.The stock last traded at $35.73 and had previously closed at $35.54.

Invesco S&P 500 Equal Weight Health Care ETF Trading Up 1.2%

The stock has a fifty day moving average of $33.30 and a two-hundred day moving average of $32.04. The company has a market capitalization of $792.70 million, a PE ratio of 21.06 and a beta of 0.78.

Hedge Funds Weigh In On Invesco S&P 500 Equal Weight Health Care ETF

A number of large investors have recently bought and sold shares of the stock. Walled Lake Planning & Wealth Management LLC boosted its stake in shares of Invesco S&P 500 Equal Weight Health Care ETF by 3.0% during the first quarter. Walled Lake Planning & Wealth Management LLC now owns 440,394 shares of the company’s stock valued at $13,297,000 after purchasing an additional 12,750 shares during the period. Bank of America Corp DE increased its stake in shares of Invesco S&P 500 Equal Weight Health Care ETF by 1.2% in the first quarter. Bank of America Corp DE now owns 430,101 shares of the company’s stock worth $12,986,000 after buying an additional 5,234 shares during the period. Royal Bank of Canada increased its stake in shares of Invesco S&P 500 Equal Weight Health Care ETF by 4.9% in the first quarter. Royal Bank of Canada now owns 350,011 shares of the company’s stock worth $10,568,000 after buying an additional 16,485 shares during the period. Focus Partners Wealth bought a new stake in Invesco S&P 500 Equal Weight Health Care ETF during the 4th quarter valued at $6,816,000. Finally, Osaic Holdings Inc. boosted its position in Invesco S&P 500 Equal Weight Health Care ETF by 31.7% during the 4th quarter. Osaic Holdings Inc. now owns 203,831 shares of the company’s stock valued at $6,492,000 after buying an additional 49,015 shares during the period.

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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