Invesco S&P 500 Equal Weight Communication Services ETF
RSPC
34 hedge funds and large institutions have $50.9M invested in Invesco S&P 500 Equal Weight Communication Services ETF in 2024 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 8 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
75% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 8
10% more funds holding
Funds holding: 31 → 34 (+3)
13.76% less ownership
Funds ownership: 97.4% → 83.64% (-14%)
20% less capital invested
Capital invested by funds: $63.9M → $50.9M (-$13M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$509K |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$475K |
| 3 |
LPL Financial
San Diego,
California
|
+$378K |
| 4 |
WAM
Worth Asset Management
Dallas,
Texas
|
+$366K |
| 5 |
RA
RFG Advisory
Birmingham,
Alabama
|
+$162K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$10M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$4.26M |
| 3 |
EWA
Exencial Wealth Advisors
Oklahoma City,
Oklahoma
|
-$295K |
| 4 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
-$217K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$201K |
RSPC Hedge Fund Activity: Q2 2024 in Review
34 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 Equal Weight Communication Services ETF (RSPC) for Q2 2024, worth a combined $50.9M — down 20% from $63.9M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new RSPC positions and 3 closed out — a net gain of 3 holders — while 14 added to existing stakes and 8 trimmed.
The largest buyer was Old Mission Capital, opening a new position worth an estimated $509K. The largest seller was Bank of America, cutting an estimated $10M.
- 34 institutional investors held Invesco S&P 500 Equal Weight Communication Services ETF (RSPC) as of Q2 2024, up from 31 in Q1 2024.
- Funds reported $50.9M of Invesco S&P 500 Equal Weight Communication Services ETF stock for Q2 2024, down 20% quarter-over-quarter.
- 6 funds opened new Invesco S&P 500 Equal Weight Communication Services ETF positions in Q2 2024 and 3 closed out, a net change of +3 holders.
- The largest Invesco S&P 500 Equal Weight Communication Services ETF buyer in Q2 2024 was Old Mission Capital, an estimated $509K added.
- The largest Invesco S&P 500 Equal Weight Communication Services ETF seller in Q2 2024 was Bank of America, an estimated $10M sold.
Based on aggregated 13F filings for Q2 2024.