Invesco S&P 500 Equal Weight Communication Services ETF (NYSEARCA:EWCO) rose 0.1% during mid-day trading on Friday . The stock traded as high as $25.72 and last traded at $25.72, approximately 3,202 shares were traded during mid-day trading. A decline of 83% from the average daily volume of 19,042 shares. The stock had previously closed at $25.69.

The company’s fifty day simple moving average is $25.28.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Lido Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Communication Services ETF during the 1st quarter worth about $323,000. SignalPoint Asset Management LLC boosted its position in shares of Invesco S&P 500 Equal Weight Communication Services ETF by 8.9% during the 1st quarter. SignalPoint Asset Management LLC now owns 122,228 shares of the company’s stock worth $2,680,000 after purchasing an additional 9,980 shares during the period. Finally, RDA Financial Network purchased a new position in shares of Invesco S&P 500 Equal Weight Communication Services ETF during the 1st quarter worth approximately $295,000.

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