Invesco S&P 500 Equal Weight Communication Services ETF
RSPC
13 hedge funds and large institutions have $19.7M invested in Invesco S&P 500 Equal Weight Communication Services ETF in 2019 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
190% more capital invested
Capital invested by funds: $6.8M → $19.7M (+$12.9M)
63% more funds holding
Funds holding: 8 → 13 (+5)
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
17.48% more ownership
Funds ownership: 48.5% → 65.97% (+17%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
+$7.06M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$6.7M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$277K |
| 4 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$196K |
| 5 |
Lido Advisors
Los Angeles,
California
|
+$40.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$930K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$46K |
| 3 |
SAM
SignalPoint Asset Management
Springfield,
Missouri
|
-$16.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Bank of America
Charlotte,
North Carolina
| $7.89M | +$6.7M | +264,140 | +501% |
|
|
FI
2
FormulaFolio Investments
Grand Rapids,
Michigan
| $6.92M | +$7.06M | +278,138 | New |
|
|
SAM
3
SignalPoint Asset Management
Springfield,
Missouri
| $2.88M | -$16.1K | -633 | -0.5% |
|
4
Goldman Sachs
New York
| $526K | – | – | – |
|
|
5
Lido Advisors
Los Angeles,
California
| $395K | +$40.9K | +1,612 | +11% |
|
|
6
Citadel Advisors
Miami,
Florida
| $391K | -$930K | -36,641 | -70% |
|
|
7
Cambridge Investment Research Advisors
Fairfield,
Iowa
| $271K | +$277K | +10,903 | New |
|
|
RWM
8
RBA Wealth Management
Newport Beach,
California
| $230K | +$30.4K | +1,196 | +15% |
|
|
9
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| $193K | +$196K | +7,740 | New |
|
10
Wells Fargo
San Francisco,
California
| $7K | +$7.31K | +288 | New |
|
|
AA
11
Advisory Alpha
Holland,
Michigan
| $704 | +$736 | +29 | New |
|
|
12
UBS Group
Zurich,
Switzerland
| – | -$46K | -1,811 | Closed |
|
|
IA
13
IFP Advisors
Tampa,
Florida
| – | +$25 | +1 | New |
|
|
LFG
14
Larson Financial Group
St Louis,
Missouri
| – | +$305 | +12 | New |
|
RSPC Hedge Fund Activity: Q3 2019 in Review
13 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 Equal Weight Communication Services ETF (RSPC) for Q3 2019, worth a combined $19.7M — up 190% from $6.8M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new RSPC positions and 2 closed out — a net gain of 5 holders — while 3 added to existing stakes and 2 trimmed.
The largest buyer was FormulaFolio Investments, opening a new position worth an estimated $7.06M. The largest seller was Citadel Advisors, cutting an estimated $930K.
- 13 institutional investors held Invesco S&P 500 Equal Weight Communication Services ETF (RSPC) as of Q3 2019, up from 8 in Q2 2019.
- Funds reported $19.7M of Invesco S&P 500 Equal Weight Communication Services ETF stock for Q3 2019, up 190% quarter-over-quarter.
- 7 funds opened new Invesco S&P 500 Equal Weight Communication Services ETF positions in Q3 2019 and 2 closed out, a net change of +5 holders.
- The largest Invesco S&P 500 Equal Weight Communication Services ETF buyer in Q3 2019 was FormulaFolio Investments, an estimated $7.06M added.
- The largest Invesco S&P 500 Equal Weight Communication Services ETF seller in Q3 2019 was Citadel Advisors, an estimated $930K sold.
Based on aggregated 13F filings for Q3 2019.