Walker Asset Management LLC Sells 960 Shares of Invesco S&P 500 Equal Weight Communication Services ETF (NYSEARCA:RSPC)

Walker Asset Management LLC lessened its holdings in shares of Invesco S&P 500 Equal Weight Communication Services ETF (NYSEARCA:RSPC) by 4.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,917 shares of the company’s stock after selling 960 shares during the period. Walker Asset Management LLC’s holdings in Invesco S&P 500 Equal Weight Communication Services ETF were worth $784,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of RSPC. Envestnet Asset Management Inc. raised its holdings in Invesco S&P 500 Equal Weight Communication Services ETF by 0.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 232,494 shares of the company’s stock worth $6,900,000 after buying an additional 1,075 shares during the period. Benjamin F. Edwards & Company Inc. increased its position in shares of Invesco S&P 500 Equal Weight Communication Services ETF by 2,739.8% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 2,925 shares of the company’s stock worth $86,000 after acquiring an additional 2,822 shares in the last quarter. Truist Financial Corp raised its holdings in shares of Invesco S&P 500 Equal Weight Communication Services ETF by 1.2% during the second quarter. Truist Financial Corp now owns 233,844 shares of the company’s stock worth $6,940,000 after acquiring an additional 2,885 shares during the period. Sanctuary Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight Communication Services ETF in the 2nd quarter valued at $394,000. Finally, SignalPoint Asset Management LLC boosted its stake in Invesco S&P 500 Equal Weight Communication Services ETF by 0.7% in the 3rd quarter. SignalPoint Asset Management LLC now owns 76,034 shares of the company’s stock worth $2,483,000 after purchasing an additional 506 shares during the period.

Invesco S&P 500 Equal Weight Communication Services ETF Trading Up 0.8 %

RSPC stock opened at $34.07 on Friday. The stock has a 50-day moving average price of $34.86 and a two-hundred day moving average price of $32.73. Invesco S&P 500 Equal Weight Communication Services ETF has a 1 year low of $27.90 and a 1 year high of $36.27. The stock has a market cap of $78.02 million, a PE 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.