Farther Finance Advisors LLC Has $2.41 Million Stock Holdings in Invesco S&P 500 Equal Weight Communication Services ETF (NYSEARCA:RSPC)

Farther Finance Advisors LLC lifted its position in Invesco S&P 500 Equal Weight Communication Services ETF (NYSEARCA:RSPC) by 6,830,200.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 68,303 shares of the company’s stock after acquiring an additional 68,302 shares during the quarter. Farther Finance Advisors LLC owned approximately 4.84% of Invesco S&P 500 Equal Weight Communication Services ETF worth $2,409,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Raymond James Financial Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight Communication Services ETF in the 4th quarter worth $5,995,000. Legacy Private Trust Co. grew its stake in shares of Invesco S&P 500 Equal Weight Communication Services ETF by 17.3% in the 1st quarter. Legacy Private Trust Co. now owns 38,614 shares of the company’s stock worth $1,367,000 after acquiring an additional 5,699 shares in the last quarter. NewEdge Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Communication Services ETF in the 4th quarter worth $446,000. OLD Mission Capital LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Communication Services ETF in the 4th quarter worth $427,000. Finally, Envestnet Portfolio Solutions Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight Communication Services ETF in the 4th quarter worth $371,000.

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

NYSEARCA RSPC opened at $36.96 on Wednesday. Invesco S&P 500 Equal Weight Communication Services ETF has a 1 year low of $28.89 and a 1 year high of $36.96. The firm has a market cap of $67.27 million, a price-to-earnings ratio of 18.76 and a beta of 1.03. The company has a fifty day moving average price of $34.91 and a 200-day moving average price of $35.12.

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.