Royal Bank of Canada Sells 25,852 Shares of Invesco S&P 500 Equal Weight Health Care ETF $RSPH

Royal Bank of Canada reduced its holdings in Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH) by 6.9% in the 1st quarter, Holdings Channel reports. The fund owned 346,671 shares of the company’s stock after selling 25,852 shares during the quarter. Royal Bank of Canada’s holdings in Invesco S&P 500 Equal Weight Health Care ETF were worth $10,313,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. AE Wealth Management LLC grew its holdings in shares of Invesco S&P 500 Equal Weight Health Care ETF by 66.5% during the first quarter. AE Wealth Management LLC now owns 941 shares of the company’s stock worth $28,000 after buying an additional 376 shares in the last quarter. Avalon Trust Co bought a new position in shares of Invesco S&P 500 Equal Weight Health Care ETF during the first quarter worth about $30,000. SVB Wealth LLC bought a new position in shares of Invesco S&P 500 Equal Weight Health Care ETF during the first quarter worth about $31,000. North Capital Inc. bought a new position in shares of Invesco S&P 500 Equal Weight Health Care ETF during the first quarter worth about $32,000. Finally, CX Institutional bought a new position in shares of Invesco S&P 500 Equal Weight Health Care ETF during the first quarter worth about $77,000.

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

NYSEARCA:RSPH opened at $29.64 on Friday. The company has a market cap of $726.77 million, a PE ratio of 21.06 and a beta of 0.84. 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 stock has a 50-day simple moving average of $28.94 and a 200 day simple moving average of $28.91.

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.