282,782 Shares in Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH) Purchased by Raymond James Financial Inc.

Raymond James Financial Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 282,782 shares of the company’s stock, valued at approximately $8,286,000.

Other large investors have also recently added to or reduced their stakes in the company. Montag A & Associates Inc. acquired a new position in Invesco S&P 500 Equal Weight Health Care ETF during the fourth quarter worth about $53,000. JFS Wealth Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight Health Care ETF during the fourth quarter worth about $58,000. MML Investors Services LLC acquired a new position in Invesco S&P 500 Equal Weight Health Care ETF during the third quarter worth about $207,000. Citizens Financial Group Inc. RI acquired a new position in Invesco S&P 500 Equal Weight Health Care ETF during the third quarter worth about $238,000. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new position in Invesco S&P 500 Equal Weight Health Care ETF during the fourth quarter worth about $277,000.

Invesco S&P 500 Equal Weight Health Care ETF Trading Down 0.5 %

Shares of RSPH opened at $29.84 on Friday. The firm’s 50-day moving average is $30.47 and its two-hundred day moving average is $30.76. The firm has a market capitalization of $800.31 million, a P/E ratio of 26.02 and a beta of 0.86. Invesco S&P 500 Equal Weight Health Care ETF has a twelve month low of $28.92 and a twelve month high of $32.85.

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.