Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RYH) Hits New 52-Week Low at $29.91

Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RYH) reached a new 52-week low on Monday . The company traded as low as $29.91 and last traded at $30.01, with a volume of 77302 shares. The stock had previously closed at $30.00.

Invesco S&P 500 Equal Weight Health Care ETF Stock Down 0.6 %

The company has a market cap of $961.66 million, a PE ratio of 24.22 and a beta of 1.02. The business has a 50-day simple moving average of $41.00 and a 200-day simple moving average of $42.07.

Hedge Funds Weigh In On Invesco S&P 500 Equal Weight Health Care ETF

Large investors have recently added to or reduced their stakes in the stock. Raymond James & Associates grew its holdings in shares of Invesco S&P 500 Equal Weight Health Care ETF by 899.4% during the third quarter. Raymond James & Associates now owns 46,862 shares of the company’s stock worth $13,452,000 after buying an additional 42,173 shares in the last quarter. Detalus Advisors LLC grew its stake in Invesco S&P 500 Equal Weight Health Care ETF by 860.4% during the 3rd quarter. Detalus Advisors LLC now owns 47,530 shares of the company’s stock valued at $13,644,000 after acquiring an additional 42,581 shares in the last quarter. Walker Asset Management LLC raised its holdings in Invesco S&P 500 Equal Weight Health Care ETF by 887.7% in the 3rd quarter. Walker Asset Management LLC now owns 43,764 shares of the company’s stock valued at $12,563,000 after acquiring an additional 39,333 shares during the last quarter. Financial Advocates Investment Management lifted its stake in Invesco S&P 500 Equal Weight Health Care ETF by 901.4% in the 3rd quarter. Financial Advocates Investment Management now owns 9,513 shares of the company’s stock worth $2,731,000 after purchasing an additional 8,563 shares in the last quarter. Finally, Joseph P. Lucia & Associates LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight Health Care ETF by 896.6% during the 3rd quarter. Joseph P. Lucia & Associates LLC now owns 123,530 shares of the company’s stock worth $35,461,000 after purchasing an additional 111,135 shares during the last quarter.

Invesco S&P 500 Equal Weight Health Care ETF Company Profile

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.