Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RYH) Hits New 52-Week Low at $29.79

Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RYH) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as $29.79 and last traded at $30.03, with a volume of 44540 shares traded. The stock had previously closed at $29.83.

Invesco S&P 500 Equal Weight Health Care ETF Trading Up 0.7 %

The company has a 50 day moving average of $46.29 and a 200 day moving average of $42.01. The firm has a market cap of $960.05 million, a price-to-earnings ratio of 24.22 and a beta of 1.02.

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

Several institutional investors have recently added to or reduced their stakes in RYH. PNC Financial Services Group Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight Health Care ETF by 900.0% during the third quarter. PNC Financial Services Group Inc. now owns 200 shares of the company’s stock worth $57,000 after purchasing an additional 180 shares during the last quarter. Front Row Advisors LLC grew its holdings in Invesco S&P 500 Equal Weight Health Care ETF by 900.0% during the 3rd quarter. Front Row Advisors LLC now owns 550 shares of the company’s stock worth $158,000 after acquiring an additional 495 shares during the last quarter. Pacific Center for Financial Services increased its position in Invesco S&P 500 Equal Weight Health Care ETF by 902.9% in the 3rd quarter. Pacific Center for Financial Services now owns 692 shares of the company’s stock valued at $199,000 after acquiring an additional 623 shares in the last quarter. Bourgeon Capital Management LLC raised its stake in shares of Invesco S&P 500 Equal Weight Health Care ETF by 900.0% in the third quarter. Bourgeon Capital Management LLC now owns 700 shares of the company’s stock worth $201,000 after acquiring an additional 630 shares during the last quarter. Finally, Sheets Smith Wealth Management acquired a new position in shares of Invesco S&P 500 Equal Weight Health Care ETF during the third quarter worth approximately $230,000.

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.