TFG Advisers LLC Trims Stock Position in Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH)

TFG Advisers LLC reduced its stake in Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH) by 9.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 7,505 shares of the company’s stock after selling 751 shares during the quarter. TFG Advisers LLC’s holdings in Invesco S&P 500 Equal Weight Health Care ETF were worth $225,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of RSPH. UBS Group AG acquired a new stake in Invesco S&P 500 Equal Weight Health Care ETF in the fourth quarter valued at about $9,555,000. Wells Fargo & Company MN acquired a new stake in shares of Invesco S&P 500 Equal Weight Health Care ETF in the 4th quarter valued at approximately $8,761,000. Walled Lake Planning & Wealth Management LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Health Care ETF in the fourth quarter valued at approximately $7,581,000. Stifel Financial Corp acquired a new position in Invesco S&P 500 Equal Weight Health Care ETF during the fourth quarter worth $7,288,000. Finally, Cambridge Investment Research Advisors Inc. purchased a new position in Invesco S&P 500 Equal Weight Health Care ETF in the fourth quarter worth $4,443,000.

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

Invesco S&P 500 Equal Weight Health Care ETF stock traded down $0.06 during midday trading on Monday, reaching $31.81. The company’s stock had a trading volume of 29,122 shares, compared to its average volume of 80,893. Invesco S&P 500 Equal Weight Health Care ETF has a fifty-two week low of $25.03 and a fifty-two week high of $31.98. The firm has a market capitalization of $1.02 billion, a PE ratio of 23.48 and a beta of 1.02. The stock’s 50 day simple moving average is $30.68 and its 200 day simple moving average is $30.69.

Invesco S&P 500 Equal Weight Health Care ETF 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.