Access Financial Services Inc. Decreases Stock Position in Invesco S&P 500 Equal Weight ETF $RSP

Access Financial Services Inc. lessened its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 26,451 shares of the company’s stock after selling 1,529 shares during the period. Invesco S&P 500 Equal Weight ETF comprises 1.8% of Access Financial Services Inc.’s holdings, making the stock its 10th biggest holding. 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.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Goldman Sachs Group Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF by 219.6% in the first quarter. Goldman Sachs Group Inc. now owns 9,102,168 shares of the company’s stock valued at $1,576,769,000 after buying an additional 6,254,609 shares during the period. Japan Science & Technology Agency acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at $656,908,000. Phoenix Financial Ltd. acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at $269,253,000. Invesco Ltd. grew its position in Invesco S&P 500 Equal Weight ETF by 12.0% in the 1st quarter. Invesco Ltd. now owns 11,189,061 shares of the company’s stock valued at $1,938,281,000 after purchasing an additional 1,195,627 shares during the period. Finally, JPMorgan Chase & Co. grew its position in Invesco S&P 500 Equal Weight ETF by 26.8% in the 1st quarter. JPMorgan Chase & Co. now owns 5,057,195 shares of the company’s stock valued at $876,058,000 after purchasing an additional 1,069,297 shares during the period. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Up 0.2%

NYSEARCA RSP opened at $190.13 on Thursday. The company has a market cap of $75.37 billion, a P/E ratio of 20.10 and a beta of 1.05. The company has a fifty day simple moving average of $187.07 and a 200 day simple moving average of $178.91. Invesco S&P 500 Equal Weight ETF has a 12-month low of $150.35 and a 12-month high of $190.54.

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).