Invesco S&P 500 Equal Weight Communication Services ETF (NYSEARCA:RSPC) Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC decreased its position in shares of Invesco S&P 500 Equal Weight Communication Services ETF (NYSEARCA:RSPC) by 0.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 217,423 shares of the company’s stock after selling 1,270 shares during the quarter. HighTower Advisors LLC owned about 9.49% of Invesco S&P 500 Equal Weight Communication Services ETF worth $7,437,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Jane Street Group LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Communication Services ETF during the third quarter valued at about $391,000. U.S. Capital Wealth Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight Communication Services ETF in the fourth quarter worth about $265,000. Yoder Wealth Management Inc. raised its position in Invesco S&P 500 Equal Weight Communication Services ETF by 4.7% in the fourth quarter. Yoder Wealth Management Inc. now owns 31,939 shares of the company’s stock worth $1,092,000 after acquiring an additional 1,448 shares in the last quarter. RFG Advisory LLC raised its position in Invesco S&P 500 Equal Weight Communication Services ETF by 2.4% in the fourth quarter. RFG Advisory LLC now owns 176,608 shares of the company’s stock worth $6,041,000 after acquiring an additional 4,145 shares in the last quarter. Finally, Worth Asset Management LLC raised its position in Invesco S&P 500 Equal Weight Communication Services ETF by 12.4% in the fourth quarter. Worth Asset Management LLC now owns 11,180 shares of the company’s stock worth $382,000 after acquiring an additional 1,237 shares in the last quarter.

Invesco S&P 500 Equal Weight Communication Services ETF Trading Down 0.7 %

Shares of Invesco S&P 500 Equal Weight Communication Services ETF stock opened at $34.64 on Wednesday. The company’s 50-day moving average price is $35.27 and its two-hundred day moving average price is $34.22. The stock has a market cap of $46.42 million, a PE ratio of 18.23 and a beta of 1.08. Invesco S&P 500 Equal Weight Communication Services ETF has a 52 week low of $27.90 and a 52 week high of $36.85.

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.