GRIMES & Co WEALTH MANAGEMENT LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Communication Services ETF (NYSEARCA:RSPC – Free Report) in the third quarter, according to its most recent disclosure with the SEC. The firm acquired 22,501 shares of the company’s stock, valued at approximately $789,000. GRIMES & Co WEALTH MANAGEMENT LLC owned 1.48% of Invesco S&P 500 Equal Weight Communication Services ETF at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Laurel Wealth Advisors LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Communication Services ETF during the third quarter worth approximately $32,000. Lido Advisors LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight Communication Services ETF by 5.0% during the first quarter. Lido Advisors LLC now owns 6,869 shares of the company’s stock worth $257,000 after purchasing an additional 326 shares during the period. Private Advisor Group LLC lifted its holdings 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 during the period. Walker Asset Management LLC grew its position in Invesco S&P 500 Equal Weight Communication Services ETF by 5.0% in the 2nd quarter. Walker Asset Management LLC now owns 25,000 shares of the company’s stock valued at $882,000 after buying an additional 1,188 shares during the last quarter. Finally, Park Avenue Securities LLC purchased a new position in Invesco S&P 500 Equal Weight Communication Services ETF in the 3rd quarter valued at $1,056,000.
Invesco S&P 500 Equal Weight Communication Services ETF Stock Performance
Shares of RSPC opened at $35.61 on Thursday. The stock has a market capitalization of $54.13 million, a P/E ratio of 17.69 and a beta of 0.92. The company’s fifty day moving average is $35.69 and its two-hundred day moving average is $36.99. Invesco S&P 500 Equal Weight Communication Services ETF has a 1 year low of $33.67 and a 1 year 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.
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