McAdam LLC Sells 6,752 Shares of Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH)

McAdam LLC cut its position in shares of Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH) by 9.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 63,403 shares of the company’s stock after selling 6,752 shares during the period. McAdam LLC’s holdings in Invesco S&P 500 Equal Weight Health Care ETF were worth $1,858,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of RSPH. Assetmark Inc. purchased a new stake in Invesco S&P 500 Equal Weight Health Care ETF in the third quarter worth approximately $35,000. Joseph Group Capital Management raised its stake in shares of Invesco S&P 500 Equal Weight Health Care ETF by 2,015.4% during the third quarter. Joseph Group Capital Management now owns 3,152 shares of the company’s stock worth $102,000 after acquiring an additional 3,003 shares in the last quarter. MML Investors Services LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Health Care ETF in the 3rd quarter worth approximately $207,000. Citizens Financial Group Inc. RI purchased a new stake in shares of Invesco S&P 500 Equal Weight Health Care ETF in the 3rd quarter valued at $238,000. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management bought a new position in shares of Invesco S&P 500 Equal Weight Health Care ETF during the 4th quarter valued at $277,000.

Invesco S&P 500 Equal Weight Health Care ETF Stock Down 0.7 %

Shares of NYSEARCA:RSPH opened at $31.26 on Friday. The stock has a market cap of $999.38 million, a PE ratio of 23.48 and a beta of 1.02. The company’s fifty day moving average is $30.31 and its 200 day moving average is $31.00. Invesco S&P 500 Equal Weight Health Care ETF has a 52 week low of $28.92 and a 52 week high of $32.85.

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.