Worth Asset Management LLC grew its stake in shares of Invesco S&P 500 Equal Weight Communication Services ETF (NYSEARCA:RSPC – Free Report) by 12.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,180 shares of the company’s stock after acquiring an additional 1,237 shares during the quarter. Worth Asset Management LLC owned about 0.49% of Invesco S&P 500 Equal Weight Communication Services ETF worth $382,000 as of its most recent SEC filing.
A number of other large investors have also recently made changes to their positions in the stock. Benjamin F. Edwards & Company Inc. boosted its holdings in Invesco S&P 500 Equal Weight Communication Services ETF by 2,739.8% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 2,925 shares of the company’s stock worth $86,000 after purchasing an additional 2,822 shares during the last quarter. Jane Street Group LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Communication Services ETF in the 3rd quarter worth $391,000. Sanctuary Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Communication Services ETF in the second quarter worth $394,000. Yoder Wealth Management Inc. increased its position in Invesco S&P 500 Equal Weight Communication Services ETF by 2.6% during the third quarter. Yoder Wealth Management Inc. now owns 30,491 shares of the company’s stock valued at $997,000 after acquiring an additional 772 shares during the last quarter. Finally, Legacy Private Trust Co. lifted its holdings in Invesco S&P 500 Equal Weight Communication Services ETF by 3.9% in the third quarter. Legacy Private Trust Co. now owns 34,314 shares of the company’s stock valued at $1,123,000 after acquiring an additional 1,291 shares during the period.
Invesco S&P 500 Equal Weight Communication Services ETF Stock Down 0.6 %
Shares of Invesco S&P 500 Equal Weight Communication Services ETF stock traded down $0.19 during trading hours on Wednesday, reaching $33.98. 1,406 shares of the stock traded hands, compared to its average volume of 5,094. The company has a 50 day moving average price of $34.83 and a 200 day moving average price of $32.54. Invesco S&P 500 Equal Weight Communication Services ETF has a one year low of $27.90 and a one year high of $36.27. The firm has a market capitalization of $77.81 million, a price-to-earnings ratio of 15.99 and a beta of 0.92.
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.
Further Reading
- Five stocks we like better than Invesco S&P 500 Equal Weight Communication Services ETF
- Breakout Stocks: What They Are and How to Identify Them
- Moderna Shares Spike on H5N1 News—What’s Next for Investors?
- Why Are Stock Sectors Important to Successful Investing?
- Nebius Group (NBIS): A Small-Cap Backed by NVIDIA
- Are Penny Stocks a Good Fit for Your Portfolio?
- Natural Gas Demand to Surge: Top 3 Stocks and ETFs to Consider
Want to see what other hedge funds are holding RSPC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight Communication Services ETF (NYSEARCA:RSPC – Free Report).
Receive News & Ratings for Invesco S&P 500 Equal Weight Communication Services ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Equal Weight Communication Services ETF and related companies with MarketBeat.com's FREE daily email newsletter.