(RSPH) Invesco SP500 Equal Weight - Ratings and Ratios

The Invesco S&P 500 Equal Weight Health Care ETF (NYSE ARCA: RSPH) is designed to provide exposure to the health care sector by tracking the performance of the S&P 500 Equal Weight Health Care Index. The fund typically allocates at least 90% of its total assets to securities included in this index. The underlying index is a modified equal-weighted version of the S&P 500 Health Care Index, which includes companies classified under the health care sector according to the Global Industry Classification Standard (GICS®). This approach ensures that each company in the index has an equal influence on performance, reducing concentration risk compared to market-capitalization-weighted indices. The ETF offers a targeted way to gain exposure to the U.S. health care sector, which includes pharmaceuticals, biotechnology, medical devices, and health care providers.

As of the latest data, RSPH has an average trading volume of 68,800 shares over the past 20 days, with a last price of $27.95. The funds short-term moving average (SMA 20) stands at $27.92, slightly below its current price, while the SMA 50 is $29.05, indicating a recent dip below the medium-term trend. The SMA 200 is $30.41, reflecting a longer-term downtrend. The Average True Range (ATR) of 0.70 suggests relatively low volatility. With assets under management (AUM) of $759.69 million, RSPH is a moderately sized ETF in its category. Based on the technical and fundamental data, RSPH is currently in a consolidation phase, with potential support near the SMA 200 level. Investors may expect the fund to remain range-bound in the near term, with potential upside driven by sector-specific developments in the U.S. health care industry.