Invesco S&P 500 Equal Weight Communication Services ETF
RSPC
32 hedge funds and large institutions have $63.9M invested in Invesco S&P 500 Equal Weight Communication Services ETF in 2024 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 12 increasing their positions, 8 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
50% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 8
10% more funds holding
Funds holding: 29 → 32 (+3)
7.85% more ownership
Funds ownership: 89.57% → 97.41% (+7.8%)
1% more capital invested
Capital invested by funds: $63.5M → $63.9M (+$332K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$6.07M |
| 2 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
+$394K |
| 3 |
YWM
Yoder Wealth Management
Walnut Creek,
California
|
+$204K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$197K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$176K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$6.67M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$770K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$339K |
| 4 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
-$102K |
| 5 |
PCH
PGIM Custom Harvest
Newark,
New Jersey
|
-$42.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
National Bank of Canada
Montreal,
Quebec, Canada
| $16.6K | – | – | – |
|
|
FGAM
27
Financial Gravity Asset Management
Lakeway,
Texas
| $7.75K | +$3.65K | +125 | +93% |
|
28
AssetMark Inc
Concord,
California
| $5.33K | +$5.23K | +179 | New |
|
29
Osaic Holdings
Scottsdale,
Arizona
| $3.55K | – | – | – |
|
|
MA
30
MCF Advisors
Covington,
Kentucky
| $3.31K | – | – | – |
|
|
BFEC
31
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $3K | +$3.01K | +103 | New |
|
32
Wells Fargo
San Francisco,
California
| $29 | +$29 | +1 | New |
|
|
33
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$770K | -26,248 | Closed |
|
|
CHA
34
Carmichael Hill & Associates
Gaithersburg,
Maryland
| – | -$2.76K | -94 | Closed |
|
RSPC Hedge Fund Activity: Q1 2024 in Review
32 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 Equal Weight Communication Services ETF (RSPC) for Q1 2024, worth a combined $63.9M — up 0.52% from $63.5M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new RSPC positions and 2 closed out — a net gain of 3 holders — while 12 added to existing stakes and 8 trimmed.
The largest buyer was LPL Financial, adding an estimated $6.07M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $6.67M.
- 32 institutional investors held Invesco S&P 500 Equal Weight Communication Services ETF (RSPC) as of Q1 2024, up from 29 in Q4 2023.
- Funds reported $63.9M of Invesco S&P 500 Equal Weight Communication Services ETF stock for Q1 2024, up 0.52% quarter-over-quarter.
- 5 funds opened new Invesco S&P 500 Equal Weight Communication Services ETF positions in Q1 2024 and 2 closed out, a net change of +3 holders.
- The largest Invesco S&P 500 Equal Weight Communication Services ETF buyer in Q1 2024 was LPL Financial, an estimated $6.07M added.
- The largest Invesco S&P 500 Equal Weight Communication Services ETF seller in Q1 2024 was Raymond James Financial Services Advisors, an estimated $6.67M sold.
Based on aggregated 13F filings for Q1 2024.