Sanctuary Advisors LLC Sells 340 Shares of Invesco S&P 500 Equal Weight Communication Services ETF (NYSEARCA:RSPC)

Sanctuary Advisors LLC reduced its stake in Invesco S&P 500 Equal Weight Communication Services ETF (NYSEARCA:RSPC) by 2.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,550 shares of the company’s stock after selling 340 shares during the quarter. Sanctuary Advisors LLC owned about 0.59% of Invesco S&P 500 Equal Weight Communication Services ETF worth $480,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of RSPC. Envestnet Asset Management Inc. grew its stake in shares of Invesco S&P 500 Equal Weight Communication Services ETF by 0.5% in the second quarter. Envestnet Asset Management Inc. now owns 232,494 shares of the company’s stock valued at $6,900,000 after acquiring an additional 1,075 shares in the last quarter. Benjamin F. Edwards & Company Inc. grew its position in shares of Invesco S&P 500 Equal Weight Communication Services ETF by 2,739.8% during the 2nd 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 in the last quarter. Yoder Wealth Management Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight Communication Services ETF by 2.6% during the third quarter. Yoder Wealth Management Inc. now owns 30,491 shares of the company’s stock worth $997,000 after purchasing an additional 772 shares during the period. SignalPoint Asset Management LLC raised its position in shares of Invesco S&P 500 Equal Weight Communication Services ETF by 0.7% in the third quarter. SignalPoint Asset Management LLC now owns 76,034 shares of the company’s stock valued at $2,483,000 after buying an additional 506 shares in the last quarter. Finally, Legacy Private Trust Co. boosted its stake in shares of Invesco S&P 500 Equal Weight Communication Services ETF by 3.9% in the third quarter. Legacy Private Trust Co. now owns 34,314 shares of the company’s stock valued at $1,123,000 after buying an additional 1,291 shares during the period.

Invesco S&P 500 Equal Weight Communication Services ETF Stock Up 0.7 %

RSPC stock opened at $34.75 on Thursday. Invesco S&P 500 Equal Weight Communication Services ETF has a 52 week low of $27.90 and a 52 week high of $36.27. The business has a 50-day simple moving average of $34.50 and a 200 day simple moving average of $32.17. The company has a market cap of $79.58 million, a PE 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.