TrinityPoint Wealth LLC Cuts Stock Position in Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH)

TrinityPoint Wealth LLC decreased its position in shares of Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RSPH) by 5.2% in the third quarter, HoldingsChannel reports. The fund owned 23,038 shares of the company’s stock after selling 1,274 shares during the quarter. TrinityPoint Wealth LLC’s holdings in Invesco S&P 500 Equal Weight Health Care ETF were worth $743,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Osaic Holdings Inc. grew its stake in shares of Invesco S&P 500 Equal Weight Health Care ETF by 18.9% during the first quarter. Osaic Holdings Inc. now owns 618,939 shares of the company’s stock worth $19,676,000 after acquiring an additional 98,505 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its position in Invesco S&P 500 Equal Weight Health Care ETF by 4.7% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 161,354 shares of the company’s stock worth $4,845,000 after purchasing an additional 7,254 shares during the last quarter. Focus Financial Network Inc. increased its stake in Invesco S&P 500 Equal Weight Health Care ETF by 25.5% during the 2nd quarter. Focus Financial Network Inc. now owns 118,794 shares of the company’s stock valued at $3,694,000 after purchasing an additional 24,144 shares in the last quarter. Cetera Investment Advisers raised its holdings in shares of Invesco S&P 500 Equal Weight Health Care ETF by 2.5% in the second quarter. Cetera Investment Advisers now owns 111,576 shares of the company’s stock worth $3,351,000 after buying an additional 2,689 shares during the last quarter. Finally, Friedenthal Financial lifted its stake in shares of Invesco S&P 500 Equal Weight Health Care ETF by 2.0% during the third quarter. Friedenthal Financial now owns 102,413 shares of the company’s stock worth $3,301,000 after buying an additional 1,970 shares during the period.

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

NYSEARCA RSPH opened at $30.26 on Tuesday. The company has a market cap of $967.41 million, a price-to-earnings ratio of 23.48 and a beta of 1.02. The stock’s fifty day moving average price is $31.48 and its 200 day moving average price is $31.01. Invesco S&P 500 Equal Weight Health Care ETF has a 1 year low of $26.50 and a 1 year high of $32.85.

About Invesco S&P 500 Equal Weight Health Care ETF

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.