Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RYH) Hits New 12-Month Low at $26.50

Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RYH)’s stock price hit a new 52-week low on Monday . The company traded as low as $26.50 and last traded at $27.10, with a volume of 121511 shares traded. The stock had previously closed at $26.88.

Invesco S&P 500 Equal Weight Health Care ETF Stock Up 0.8 %

The business’s 50-day moving average price is $27.01 and its 200 day moving average price is $126.27. The company has a market capitalization of $921.13 million, a P/E ratio of 15.11 and a beta of 0.85.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. HighTower Advisors LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight Health Care ETF by 934.3% during the 3rd quarter. HighTower Advisors LLC now owns 2,228,257 shares of the company’s stock valued at $639,643,000 after buying an additional 2,012,812 shares in the last quarter. Morgan Stanley boosted its holdings in shares of Invesco S&P 500 Equal Weight Health Care ETF by 839.4% during the 3rd quarter. Morgan Stanley now owns 1,242,026 shares of the company’s stock valued at $356,536,000 after buying an additional 1,109,815 shares in the last quarter. LPL Financial LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight Health Care ETF by 1,244.9% during the 3rd quarter. LPL Financial LLC now owns 877,649 shares of the company’s stock valued at $251,938,000 after buying an additional 812,393 shares in the last quarter. Rainey & Randall Investment Management Inc. boosted its holdings in shares of Invesco S&P 500 Equal Weight Health Care ETF by 993.0% during the 3rd quarter. Rainey & Randall Investment Management Inc. now owns 686,608 shares of the company’s stock valued at $197,098,000 after buying an additional 623,791 shares in the last quarter. Finally, Royal Bank of Canada boosted its holdings in shares of Invesco S&P 500 Equal Weight Health Care ETF by 751.9% during the 3rd quarter. Royal Bank of Canada now owns 552,659 shares of the company’s stock valued at $158,646,000 after buying an additional 487,786 shares in the last quarter.

About Invesco S&P 500 Equal Weight Health Care ETF

The Invesco S&P 500 Equal Weight Health Care ETF (RYH) 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. RYH was launched on Nov 1, 2006 and is managed by Invesco.