Invesco S&P 500 Equal Weight Communication Services ETF (RSPC)
Invesco S&P 500 Equal Weight Communication Services ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Downers Grove, IL, US. The stock last traded at $36.48, down 0.26% on the session, giving a market capitalisation of $59.5M. Its beta of 0.71 implies it has historically moved less than the broad market.
The Invesco S&P 500 Equal Weight Communication Services ETF seeks to track the performance of the S&P 500 Equal Weight Communication Services Plus Index. This fund is committed to investing at least 90% of its total assets in the securities that make up this benchmark index. The underlying index itself is composed of ordinary shares from corporations within the Global Industry Classification Standard (GICS) communication services sector, all of which are included in the broader S&P 500 Index. Both the ETF and its index undergo a quarterly rebalancing process, taking place after the market closes on the third Friday of March, June, September, and December.
Invesco S&P 500 Equal Weight Communication Services ETF is most often compared with the following Financial Services names: