Access Financial Services Inc. lessened its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 5.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,451 shares of the company’s stock after selling 1,529 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for 1.8% of Access Financial Services Inc.’s investment portfolio, making the stock its 10th largest position. Access Financial Services Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,807,000 as of its most recent SEC filing.
Other institutional investors have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.7% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 23,554,043 shares of the company’s stock worth $4,080,267,000 after acquiring an additional 396,957 shares during the period. Invesco Ltd. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 12.0% during the 1st quarter. Invesco Ltd. now owns 11,189,061 shares of the company’s stock worth $1,938,281,000 after acquiring an additional 1,195,627 shares during the period. Goldman Sachs Group Inc. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 219.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 9,102,168 shares of the company’s stock worth $1,576,769,000 after acquiring an additional 6,254,609 shares during the period. LPL Financial LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 20.5% during the 1st quarter. LPL Financial LLC now owns 5,260,788 shares of the company’s stock worth $911,326,000 after acquiring an additional 894,245 shares during the period. Finally, JPMorgan Chase & Co. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 26.8% during the 1st quarter. JPMorgan Chase & Co. now owns 5,057,195 shares of the company’s stock worth $876,058,000 after acquiring an additional 1,069,297 shares during the period. Institutional investors own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Stock Performance
RSP stock opened at $190.13 on Thursday. The company has a market capitalization of $75.37 billion, a price-to-earnings ratio of 20.10 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $150.35 and a fifty-two week high of $190.54. The stock has a fifty day moving average of $187.07 and a 200-day moving average of $178.91.
About Invesco S&P 500 Equal Weight ETF
Guggenheim S&P 500 Equal Weight ETF, formerly Rydex S&P 500 Equal Weight ETF, seeks to replicate as closely as possible, the daily performance of the S&P 500 Equal Weight Index (the Index). The Index is a capitalization-weighted index covering 500 industrial, utility, transportation and financial companies of the United States markets (mostly NYSE Euronext issues).
Further Reading
- Five stocks we like better than Invesco S&P 500 Equal Weight ETF
- How to Calculate Inflation Rate
- Datavault AI: The New AI Contender Backed by Big Funding
- Find and Profitably Trade Stocks at 52-Week Lows
- CoreWeave: Why the New King of AI Infrastructure Has Room to Run
- What is Insider Trading? What You Can Learn from Insider Trading
- Top 3 Dividend Achievers for October: High Yields, Growth Ahead
Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report).
Receive News & Ratings for Invesco S&P 500 Equal Weight ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Equal Weight ETF and related companies with MarketBeat.com's FREE daily email newsletter.