15,319 Shares in Invesco S&P 500 Equal Weight Communication Services ETF (NYSEARCA:RSPC) Purchased by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight Communication Services ETF (NYSEARCA:RSPC) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 15,319 shares of the company’s stock, valued at approximately $449,000. Atria Wealth Solutions Inc. owned about 0.79% of Invesco S&P 500 Equal Weight Communication Services ETF at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. SignalPoint Asset Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Communication Services ETF in the 4th quarter worth approximately $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. Raymond James & Associates bought a new stake in shares of Invesco S&P 500 Equal Weight Communication Services ETF during the fourth quarter worth $5,737,000. Finally, Raymond James Financial Services Advisors Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight Communication Services ETF in the fourth quarter valued at $10,579,000.

Invesco S&P 500 Equal Weight Communication Services ETF Stock Up 1.3 %

Invesco S&P 500 Equal Weight Communication Services ETF stock opened at $29.22 on Tuesday. Invesco S&P 500 Equal Weight Communication Services ETF has a 12-month low of $25.23 and a 12-month high of $30.26. The stock has a 50-day simple moving average of $28.97 and a 200 day simple moving average of $28.61. The stock has a market capitalization of $66.91 million, a price-to-earnings ratio of 15.99 and a beta of 0.92.

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.