Great Valley Advisor Group Inc. Sells 1,512 Shares of Invesco S&P 500 Equal Weight Communication Services ETF (NYSEARCA:RSPC)

Great Valley Advisor Group Inc. lowered its position in Invesco S&P 500 Equal Weight Communication Services ETF (NYSEARCA:RSPC) by 15.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 8,302 shares of the company’s stock after selling 1,512 shares during the quarter. Great Valley Advisor Group Inc. owned about 0.36% of Invesco S&P 500 Equal Weight Communication Services ETF worth $272,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in RSPC. Sanctuary Advisors LLC bought a new position in shares of Invesco S&P 500 Equal Weight Communication Services ETF in the second quarter worth $394,000. Worth Asset Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight Communication Services ETF in the second quarter worth $373,000. RFG Advisory LLC increased its holdings in shares of Invesco S&P 500 Equal Weight Communication Services ETF by 3.4% in the second quarter. RFG Advisory LLC now owns 168,842 shares of the company’s stock worth $5,011,000 after purchasing an additional 5,544 shares during the period. Truist Financial Corp increased its holdings in shares of Invesco S&P 500 Equal Weight Communication Services ETF by 1.2% in the second quarter. Truist Financial Corp now owns 233,844 shares of the company’s stock worth $6,940,000 after purchasing an additional 2,885 shares during the period. Finally, Benjamin F. Edwards & Company Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight Communication Services ETF by 2,739.8% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 2,925 shares of the company’s stock worth $86,000 after purchasing an additional 2,822 shares during the period.

Invesco S&P 500 Equal Weight Communication Services ETF Stock Up 0.3 %

RSPC opened at $35.62 on Thursday. The stock has a market cap of $81.58 million, a PE ratio of 15.99 and a beta of 0.92. Invesco S&P 500 Equal Weight Communication Services ETF has a 52 week low of $27.87 and a 52 week high of $35.74. The business’s fifty day simple moving average is $33.35 and its 200 day simple moving average is $31.37.

About Invesco S&P 500 Equal Weight Communication Services ETF

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.