Bank of Montreal Can Trims Stake in Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH)

Bank of Montreal Can trimmed its stake in Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH) by 1.5% in the 2nd quarter, HoldingsChannel reports. The firm owned 164,449 shares of the company’s stock after selling 2,574 shares during the period. Bank of Montreal Can’s holdings in Invesco S&P 500 Equal Weight Health Care ETF were worth $5,057,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of RSPH. Scarborough Advisors LLC bought a new position in Invesco S&P 500 Equal Weight Health Care ETF in the 4th quarter worth $29,000. ICA Group Wealth Management LLC bought a new position in Invesco S&P 500 Equal Weight Health Care ETF in the 4th quarter worth $30,000. Mather Group LLC. bought a new position in Invesco S&P 500 Equal Weight Health Care ETF in the 2nd quarter worth $32,000. Guardian Wealth Management Inc. bought a new position in Invesco S&P 500 Equal Weight Health Care ETF in the 4th quarter worth $34,000. Finally, International Assets Investment Management LLC bought a new position in Invesco S&P 500 Equal Weight Health Care ETF in the 2nd quarter worth $47,000.

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

Shares of Invesco S&P 500 Equal Weight Health Care ETF stock opened at $31.87 on Wednesday. The company has a market capitalization of $1.02 billion, a P/E ratio of 23.48 and a beta of 1.02. The company has a fifty day moving average of $31.66 and a 200 day moving average of $30.87. 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 $32.85.

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.