Invesco S&P 500 Equal Weight Communication Services ETF $RSPC Shares Newly Purchased by Park Avenue Securities LLC

Park Avenue Securities LLC acquired a new stake in Invesco S&P 500 Equal Weight Communication Services ETF (NYSEARCA:RSPC) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 30,093 shares of the company’s stock, valued at approximately $1,056,000. Park Avenue Securities LLC owned approximately 1.97% of Invesco S&P 500 Equal Weight Communication Services ETF at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. NewEdge Advisors LLC lifted its stake in shares of Invesco S&P 500 Equal Weight Communication Services ETF by 2.6% during the first quarter. NewEdge Advisors LLC now owns 170,196 shares of the company’s stock worth $6,366,000 after purchasing an additional 4,368 shares in the last quarter. Walker Asset Management LLC raised its stake in shares of Invesco S&P 500 Equal Weight Communication Services ETF by 5.0% during the second quarter. Walker Asset Management LLC now owns 25,000 shares of the company’s stock valued at $882,000 after purchasing an additional 1,188 shares during the period. Private Advisor Group LLC lifted its position in shares of Invesco S&P 500 Equal Weight Communication Services ETF by 95.5% during the first quarter. Private Advisor Group LLC now owns 21,453 shares of the company’s stock worth $802,000 after purchasing an additional 10,482 shares in the last quarter. Lido Advisors LLC grew its holdings in Invesco S&P 500 Equal Weight Communication Services ETF by 5.0% during the 1st quarter. Lido Advisors LLC now owns 6,869 shares of the company’s stock valued at $257,000 after purchasing an additional 326 shares in the last quarter. Finally, Raleigh Capital Management Inc. acquired a new position in Invesco S&P 500 Equal Weight Communication Services ETF in the 1st quarter worth $57,000.

Invesco S&P 500 Equal Weight Communication Services ETF Stock Up 1.1%

Shares of RSPC opened at $34.17 on Tuesday. The firm has a market cap of $51.94 million, a price-to-earnings ratio of 17.69 and a beta of 0.89. The business’s 50 day moving average is $35.79 and its two-hundred day moving average is $37.03. Invesco S&P 500 Equal Weight Communication Services ETF has a 52-week low of $33.67 and a 52-week high of $40.13.

Invesco S&P 500 Equal Weight Communication Services ETF Company Profile

The Invesco S&P 500 Equal Weight Communication Services ETF (RSPC) is an exchange-traded fund that mostly invests in communication services equity. The fund tracks an equal-weighted index of US large-cap firms engaged in communication services, selected from the S&P 500 Index. RSPC was launched on Nov 7, 2018 and is managed by Invesco.