Invesco S&P 500 Equal Weight Communication Services ETF $RSPC Stock Holdings Lowered by Graham Capital Wealth Management LLC

Graham Capital Wealth Management LLC lowered its holdings in shares of Invesco S&P 500 Equal Weight Communication Services ETF (NYSEARCA:RSPC) by 12.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 121,684 shares of the company’s stock after selling 17,108 shares during the quarter. Invesco S&P 500 Equal Weight Communication Services ETF accounts for about 3.3% of Graham Capital Wealth Management LLC’s portfolio, making the stock its 9th biggest position. Graham Capital Wealth Management LLC owned about 0.08% of Invesco S&P 500 Equal Weight Communication Services ETF worth $4,269,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Park Avenue Securities LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Communication Services ETF in the 3rd quarter valued at approximately $1,056,000. Walker Asset Management LLC increased its stake in Invesco S&P 500 Equal Weight Communication Services ETF by 5.0% during the 2nd quarter. Walker Asset Management LLC now owns 25,000 shares of the company’s stock worth $882,000 after purchasing an additional 1,188 shares in the last quarter. NewEdge Advisors LLC raised its holdings in Invesco S&P 500 Equal Weight Communication Services ETF by 2.6% during the 1st quarter. NewEdge Advisors LLC now owns 170,196 shares of the company’s stock worth $6,366,000 after buying an additional 4,368 shares during the period. Lido Advisors LLC raised its holdings in Invesco S&P 500 Equal Weight Communication Services ETF by 5.0% during the 1st quarter. Lido Advisors LLC now owns 6,869 shares of the company’s stock worth $257,000 after buying an additional 326 shares during the period. Finally, Raleigh Capital Management Inc. acquired a new stake in Invesco S&P 500 Equal Weight Communication Services ETF during the 1st quarter worth approximately $57,000.

Invesco S&P 500 Equal Weight Communication Services ETF Stock Performance

Shares of RSPC opened at $34.23 on Wednesday. Invesco S&P 500 Equal Weight Communication Services ETF has a twelve month low of $34.06 and a twelve month high of $40.13. The firm’s 50 day moving average price is $36.04 and its two-hundred day moving average price is $37.14. The firm has a market cap of $52.37 million, a P/E ratio of 17.69 and a beta of 0.89.

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.