Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH) Sees Unusually-High Trading Volume

Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH) shares saw unusually-strong trading volume on Thursday . Approximately 398,960 shares were traded during mid-day trading, an increase of 383% from the previous session’s volume of 82,643 shares.The stock last traded at $31.57 and had previously closed at $31.88.

Invesco S&P 500 Equal Weight Health Care ETF Trading Up 0.8 %

The company has a 50 day simple moving average of $31.27 and a 200 day simple moving average of $30.81. The stock has a market capitalization of $1.03 billion, a PE ratio of 23.48 and a beta of 1.02.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Truist Financial Corp acquired a new position in shares of Invesco S&P 500 Equal Weight Health Care ETF during the 4th quarter worth $218,000. National Bank of Canada FI purchased a new stake in shares of Invesco S&P 500 Equal Weight Health Care ETF during the 4th quarter worth approximately $124,000. Principal Securities Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight Health Care ETF during the 4th quarter worth approximately $299,000. NBC Securities Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight Health Care ETF in the 4th quarter worth approximately $62,000. Finally, Avantax Advisory Services Inc. purchased a new position in Invesco S&P 500 Equal Weight Health Care ETF in the 4th quarter valued at approximately $269,000.

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.