Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RYH) Sets New 52-Week Low at $29.40

Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RYH) shares hit a new 52-week low during trading on Monday . The company traded as low as $29.40 and last traded at $29.57, with a volume of 88180 shares traded. The stock had previously closed at $29.43.

Invesco S&P 500 Equal Weight Health Care ETF Trading Up 1.6 %

The stock has a 50-day simple moving average of $46.33 and a 200 day simple moving average of $41.96. The company has a market cap of $968.19 million, a price-to-earnings ratio of 26.08 and a beta of 1.03.

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

Several institutional investors and hedge funds have recently modified their holdings of RYH. HighTower Advisors LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight Health Care ETF by 934.3% in 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 during the period. Morgan Stanley increased its stake in shares of Invesco S&P 500 Equal Weight Health Care ETF by 839.4% in the 3rd quarter. Morgan Stanley now owns 1,242,026 shares of the company’s stock valued at $356,536,000 after purchasing an additional 1,109,815 shares in the last quarter. LPL Financial LLC increased its stake in shares of Invesco S&P 500 Equal Weight Health Care ETF by 1,244.9% in the 3rd quarter. LPL Financial LLC now owns 877,649 shares of the company’s stock valued at $251,938,000 after purchasing an additional 812,393 shares in the last quarter. Royal Bank of Canada increased its stake in shares of Invesco S&P 500 Equal Weight Health Care ETF by 751.9% in the 3rd quarter. Royal Bank of Canada now owns 552,659 shares of the company’s stock valued at $158,646,000 after purchasing an additional 487,786 shares in the last quarter. Finally, UBS Group AG increased its stake in shares of Invesco S&P 500 Equal Weight Health Care ETF by 861.6% in the 3rd quarter. UBS Group AG now owns 477,841 shares of the company’s stock valued at $137,169,000 after purchasing an additional 428,151 shares in 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.