Invesco S&P 500 Equal Weight Health Care ETF (RSPH)
Invesco S&P 500 Equal Weight Health Care ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Downers Grove, IL, US. The stock last traded at $37.36, up 0.67% on the session, giving a market capitalisation of $757.1M. Its beta of 0.79 implies it has historically moved less than the broad market.
The Invesco S&P 500 Equal Weight Health Care ETF aims to track the performance of the S&P 500 Equal Weight Health Care Index. This fund primarily allocates a minimum of 90% of its total assets to the common stocks that constitute its underlying benchmark. The Index itself assigns an equal weighting to all healthcare sector companies that are part of the broader S&P 500 Index. Both the ETF and the Index undergo a portfolio adjustment process on a quarterly basis.
Invesco S&P 500 Equal Weight Health Care ETF is most often compared with the following Financial Services names: