Invesco S&P 500 Equal Weight Communication Services ETF (NYSEARCA:RSPC) Shares Bought by Lido Advisors LLC

Lido Advisors LLC lifted its position in Invesco S&P 500 Equal Weight Communication Services ETF (NYSEARCA:RSPC) by 21.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 8,518 shares of the company’s stock after buying an additional 1,508 shares during the quarter. Lido Advisors LLC’s holdings in Invesco S&P 500 Equal Weight Communication Services ETF were worth $291,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Worth Asset Management LLC raised its stake in shares of Invesco S&P 500 Equal Weight Communication Services ETF by 12.4% in the fourth quarter. Worth Asset Management LLC now owns 11,180 shares of the company’s stock valued at $382,000 after acquiring an additional 1,237 shares in the last quarter. Yoder Wealth Management Inc. increased its holdings in Invesco S&P 500 Equal Weight Communication Services ETF by 4.7% during the 4th quarter. Yoder Wealth Management Inc. now owns 31,939 shares of the company’s stock worth $1,092,000 after purchasing an additional 1,448 shares during the period. RFG Advisory LLC boosted its stake in shares of Invesco S&P 500 Equal Weight Communication Services ETF by 2.4% in the 4th quarter. RFG Advisory LLC now owns 176,608 shares of the company’s stock valued at $6,041,000 after buying an additional 4,145 shares during the period. U.S. Capital Wealth Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Communication Services ETF during the fourth quarter worth about $265,000. Finally, Envestnet Portfolio Solutions Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight Communication Services ETF during the fourth quarter worth approximately $371,000.

Invesco S&P 500 Equal Weight Communication Services ETF Stock Up 0.1 %

Shares of Invesco S&P 500 Equal Weight Communication Services ETF stock opened at $35.32 on Tuesday. Invesco S&P 500 Equal Weight Communication Services ETF has a 52-week low of $28.79 and a 52-week high of $36.85. The company has a market capitalization of $61.46 million, a P/E ratio of 17.98 and a beta of 1.04. The company has a 50 day moving average of $34.44 and a 200 day moving average of $34.71.

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.