Friedenthal Financial Buys 1,970 Shares of Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH)

Friedenthal Financial boosted its position in shares of Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH) by 2.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 102,413 shares of the company’s stock after purchasing an additional 1,970 shares during the quarter. Invesco S&P 500 Equal Weight Health Care ETF accounts for about 1.9% of Friedenthal Financial’s investment portfolio, making the stock its 13th biggest holding. Friedenthal Financial owned about 0.32% of Invesco S&P 500 Equal Weight Health Care ETF worth $3,301,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in RSPH. Mather Group LLC. acquired a new stake in shares of Invesco S&P 500 Equal Weight Health Care ETF in the 2nd quarter valued at about $32,000. International Assets Investment Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Health Care ETF in the second quarter valued at approximately $47,000. Family Asset Management LLC boosted its holdings in Invesco S&P 500 Equal Weight Health Care ETF by 15.0% during the second 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. EP Wealth Advisors LLC bought a new position in Invesco S&P 500 Equal Weight Health Care ETF in the fourth quarter valued at $138,000. Finally, Lake Street Advisors Group LLC bought a new stake in Invesco S&P 500 Equal Weight Health Care ETF during the 1st quarter worth about $366,000.

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

Invesco S&P 500 Equal Weight Health Care ETF stock opened at $31.56 on Friday. Invesco S&P 500 Equal Weight Health Care ETF has a one year low of $25.03 and a one year high of $32.85. The firm has a 50-day moving average of $31.78 and a 200-day moving average of $30.88. The company has a market cap of $1.01 billion, a price-to-earnings ratio of 23.48 and a beta of 1.02.

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.