Mercer Global Advisors Inc. ADV Has $390,000 Position in Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH)

Mercer Global Advisors Inc. ADV reduced its stake in Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH) by 9.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 13,311 shares of the company’s stock after selling 1,410 shares during the period. Mercer Global Advisors Inc. ADV’s holdings in Invesco S&P 500 Equal Weight Health Care ETF were worth $390,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Runnymede Capital Advisors Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight Health Care ETF in the fourth quarter valued at about $35,000. Montag A & Associates Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight Health Care ETF in the fourth quarter valued at about $53,000. JFS Wealth Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Health Care ETF in the fourth quarter valued at about $58,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new position in shares of Invesco S&P 500 Equal Weight Health Care ETF in the fourth quarter valued at about $277,000. Finally, Shorepoint Capital Partners LLC grew its stake in shares of Invesco S&P 500 Equal Weight Health Care ETF by 18.6% in the fourth quarter. Shorepoint Capital Partners LLC now owns 10,200 shares of the company’s stock valued at $299,000 after acquiring an additional 1,600 shares in the last quarter.

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

RSPH stock opened at $28.04 on Thursday. The company’s 50-day simple moving average is $28.66 and its 200 day simple moving average is $29.84. Invesco S&P 500 Equal Weight Health Care ETF has a 52 week low of $26.36 and a 52 week high of $32.85. The company has a market capitalization of $743.06 million, a PE ratio of 24.37 and a beta of 0.88.

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.