22,501 Shares in Invesco S&P 500 Equal Weight Communication Services ETF $RSPC Bought by GRIMES & Co WEALTH MANAGEMENT LLC
by Sarita Garza · The Markets DailyGRIMES & Co WEALTH MANAGEMENT LLC acquired a new stake in Invesco S&P 500 Equal Weight Communication Services ETF (NYSEARCA:RSPC – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 22,501 shares of the company’s stock, valued at approximately $789,000.
Several other large investors also recently bought and sold shares of RSPC. Park Avenue Securities LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Communication Services ETF in the third quarter valued at $1,056,000. NewEdge Advisors LLC grew 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 valued at $6,365,000 after acquiring an additional 4,368 shares in the last quarter. Laurel Wealth Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Communication Services ETF during the third quarter valued at about $32,000. Walker Asset Management LLC increased its position 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 worth $882,000 after acquiring an additional 1,188 shares during the last quarter. Finally, Lido Advisors LLC increased its position 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 acquiring an additional 326 shares during the last quarter.
Invesco S&P 500 Equal Weight Communication Services ETF Stock Performance
Shares of RSPC opened at $35.61 on Thursday. The company has a market capitalization of $54.13 million, a P/E ratio of 17.69 and a beta of 0.92. Invesco S&P 500 Equal Weight Communication Services ETF has a one year low of $33.67 and a one year high of $40.13. The stock has a 50-day moving average price of $35.69 and a 200 day moving average price of $36.99.
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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