Laurel Wealth Advisors LLC Invests $27,000 in Invesco S&P 500 Equal Weight Communication Services ETF (NYSEARCA:RSPC)

Laurel Wealth Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight Communication Services ETF (NYSEARCA:RSPC) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 925 shares of the company’s stock, valued at approximately $27,000.

A number of other large investors have also recently bought and sold shares of RSPC. Raymond James & Associates acquired a new position in Invesco S&P 500 Equal Weight Communication Services ETF in the fourth quarter valued at about $5,737,000. Raymond James Financial Services Advisors Inc. bought a new stake in Invesco S&P 500 Equal Weight Communication Services ETF during the 4th quarter worth approximately $10,579,000. SignalPoint Asset Management LLC acquired a new stake in Invesco S&P 500 Equal Weight Communication Services ETF during the 4th quarter valued at $2,209,000. RFG Advisory LLC acquired a new position in Invesco S&P 500 Equal Weight Communication Services ETF in the fourth quarter worth $4,715,000. Finally, Atria Wealth Solutions Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight Communication Services ETF during the fourth quarter worth $449,000.

Invesco S&P 500 Equal Weight Communication Services ETF Trading Up 0.2 %

Shares of Invesco S&P 500 Equal Weight Communication Services ETF stock traded up $0.05 during trading on Monday, reaching $28.45. The company’s stock had a trading volume of 17,109 shares, compared to its average volume of 22,283. The stock has a 50-day moving average price of $29.01 and a two-hundred day moving average price of $28.56. The stock has a market capitalization of $69.13 million, a P/E ratio of 16.59 and a beta of 0.99. Invesco S&P 500 Equal Weight Communication Services ETF has a one year low of $25.23 and a one year high of $30.26.

Invesco S&P 500 Equal Weight Communication Services ETF 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.