Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH) Shares Acquired by Acorn Wealth Advisors LLC

Acorn Wealth Advisors LLC lifted its stake in shares of Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH) by 0.8% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 70,639 shares of the company’s stock after purchasing an additional 567 shares during the period. Invesco S&P 500 Equal Weight Health Care ETF comprises 1.0% of Acorn Wealth Advisors LLC’s investment portfolio, making the stock its 26th biggest position. Acorn Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight Health Care ETF were worth $2,277,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Mather Group LLC. purchased a new stake in Invesco S&P 500 Equal Weight Health Care ETF during the 2nd quarter worth approximately $32,000. Assetmark Inc. acquired a new position in Invesco S&P 500 Equal Weight Health Care ETF in the 3rd quarter valued at $35,000. International Assets Investment Management LLC acquired a new position in Invesco S&P 500 Equal Weight Health Care ETF in the 2nd quarter valued at $47,000. Joseph Group Capital Management lifted its holdings in Invesco S&P 500 Equal Weight Health Care ETF by 2,015.4% in the 3rd quarter. Joseph Group Capital Management now owns 3,152 shares of the company’s stock valued at $102,000 after purchasing an additional 3,003 shares in the last quarter. Finally, Family Asset Management LLC boosted its stake in Invesco S&P 500 Equal Weight Health Care ETF by 15.0% during the 2nd quarter. Family Asset Management LLC now owns 4,554 shares of the company’s stock worth $137,000 after purchasing an additional 593 shares during the last quarter.

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

Shares of NYSEARCA:RSPH traded up $0.34 during midday trading on Monday, hitting $31.02. The company’s stock had a trading volume of 15,278 shares, compared to its average volume of 79,431. The company has a market cap of $991.71 million, a P/E ratio of 23.48 and a beta of 1.02. Invesco S&P 500 Equal Weight Health Care ETF has a 12-month low of $27.18 and a 12-month high of $32.85. The business’s 50 day simple moving average is $31.32 and its 200 day simple moving average is $31.02.

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.