Private Advisor Group LLC lessened its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 8.2% in the first quarter, Holdings Channel.com reports. The firm owned 657,981 shares of the company’s stock after selling 58,999 shares during the period. Private Advisor Group LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $35,893,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Birchbrook Inc. bought a new position in shares of Invesco S&P 500 Top 50 ETF during the fourth quarter worth about $27,000. Deutsche Bank AG bought a new stake in Invesco S&P 500 Top 50 ETF in the 4th quarter valued at approximately $27,000. Group One Trading LLC boosted its position in Invesco S&P 500 Top 50 ETF by 100.9% during the 4th quarter. Group One Trading LLC now owns 507 shares of the company’s stock worth $30,000 after acquiring an additional 57,871 shares during the last quarter. Godsey & Gibb Inc. acquired a new position in Invesco S&P 500 Top 50 ETF during the 4th quarter worth approximately $30,000. Finally, Legacy Wealth Managment LLC ID bought a new position in shares of Invesco S&P 500 Top 50 ETF during the 4th quarter worth approximately $38,000.
Invesco S&P 500 Top 50 ETF Trading Down 0.5%
Invesco S&P 500 Top 50 ETF stock opened at $60.73 on Friday. Invesco S&P 500 Top 50 ETF has a 1-year low of $51.96 and a 1-year high of $64.77. The company has a fifty day simple moving average of $62.10 and a 200 day simple moving average of $59.25. The company has a market cap of $10.31 billion, a P/E ratio of 27.80 and a beta of 1.06.
Invesco S&P 500 Top 50 ETF 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.
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Want to see what other hedge funds are holding XLG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report).
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