Occidental Asset Management LLC Sells 546 Shares of Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RYH)

Occidental Asset Management LLC trimmed its position in shares of Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RYH) by 32.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,137 shares of the company’s stock after selling 546 shares during the period. Occidental Asset Management LLC’s holdings in Invesco S&P 500 Equal Weight Health Care ETF were worth $339,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in RYH. Wells Fargo & Company MN increased its stake in Invesco S&P 500 Equal Weight Health Care ETF by 73.7% during the fourth quarter. Wells Fargo & Company MN now owns 46,948 shares of the company’s stock valued at $13,543,000 after acquiring an additional 19,917 shares during the period. Private Advisor Group LLC bought a new position in Invesco S&P 500 Equal Weight Health Care ETF during the first quarter valued at about $4,406,000. JPMorgan Chase & Co. increased its stake in Invesco S&P 500 Equal Weight Health Care ETF by 45.6% during the first quarter. JPMorgan Chase & Co. now owns 42,212 shares of the company’s stock valued at $12,313,000 after acquiring an additional 13,212 shares during the period. Bank of America Corp DE increased its stake in Invesco S&P 500 Equal Weight Health Care ETF by 21.2% during the fourth quarter. Bank of America Corp DE now owns 70,816 shares of the company’s stock valued at $20,428,000 after acquiring an additional 12,372 shares during the period. Finally, Advisor Group Holdings Inc. boosted its holdings in Invesco S&P 500 Equal Weight Health Care ETF by 24.2% during the fourth quarter. Advisor Group Holdings Inc. now owns 58,084 shares of the company’s stock valued at $16,757,000 after purchasing an additional 11,323 shares in the last quarter.

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

Shares of RYH opened at $28.28 on Tuesday. Invesco S&P 500 Equal Weight Health Care ETF has a 1 year low of $248.94 and a 1 year high of $304.15. The stock has a 50 day simple moving average of $56.07 and a 200-day simple moving average of $208.21. The stock has a market cap of $961.24 million, a PE ratio of 15.11 and a beta of 0.85.

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.