Stenger Family Office LLC Sells 163,021 Shares of Invesco S&P 500 Top 50 ETF $XLG

Stenger Family Office LLC decreased its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 66.4% during the third quarter, Holdings Channel.com reports. The institutional investor owned 82,407 shares of the company’s stock after selling 163,021 shares during the quarter. Invesco S&P 500 Top 50 ETF makes up approximately 0.9% of Stenger Family Office LLC’s portfolio, making the stock its 23rd biggest position. Stenger Family Office LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $4,912,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in XLG. Retirement Planning Group LLC NY purchased a new position in Invesco S&P 500 Top 50 ETF in the third quarter valued at about $533,000. AE Wealth Management LLC boosted its holdings in shares of Invesco S&P 500 Top 50 ETF by 71.4% in the 2nd quarter. AE Wealth Management LLC now owns 126,429 shares of the company’s stock valued at $6,587,000 after buying an additional 52,645 shares in the last quarter. Cannon Advisors Inc. boosted its holdings in shares of Invesco S&P 500 Top 50 ETF by 40.4% in the 3rd quarter. Cannon Advisors Inc. now owns 29,829 shares of the company’s stock valued at $1,732,000 after buying an additional 8,584 shares in the last quarter. M Holdings Securities Inc. purchased a new position in shares of Invesco S&P 500 Top 50 ETF in the 2nd quarter worth approximately $656,000. Finally, Apeiron RIA LLC raised its stake in shares of Invesco S&P 500 Top 50 ETF by 78.1% during the 3rd quarter. Apeiron RIA LLC now owns 103,493 shares of the company’s stock worth $5,956,000 after acquiring an additional 45,399 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Stock Down 0.1%

NYSEARCA:XLG opened at $58.85 on Friday. The stock has a market capitalization of $11.52 billion, a price-to-earnings ratio of 27.80 and a beta of 1.03. Invesco S&P 500 Top 50 ETF has a 52 week low of $39.50 and a 52 week high of $60.63. The firm has a 50 day moving average of $59.15 and a 200 day moving average of $56.98.

Invesco S&P 500 Top 50 ETF Company Profile

Guggenheim Russell Top 50 Mega Cap ETF (the Fund), formerly Rydex Russell Top 50 ETF, seeks to replicate as closely as possible the performance of the Russell Top 50 Index (the Index). The Index is an unmanaged capitalization-weighted index consisting of the 50 largest companies in the Russell 3000 Index. The Russell 3000 Index is an unmanaged capitalization-weighted index that offers investors access to the United States equity universe representing approximately 98% of the United States equity market.