Quantinno Capital Management LP Sells 17,271 Shares of Invesco S&P 500 Top 50 ETF $XLG

Quantinno Capital Management LP cut its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 49.8% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 17,384 shares of the company’s stock after selling 17,271 shares during the quarter. Quantinno Capital Management LP’s holdings in Invesco S&P 500 Top 50 ETF were worth $948,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in XLG. Jane Street Group LLC raised its stake in shares of Invesco S&P 500 Top 50 ETF by 444.6% in the first quarter. Jane Street Group LLC now owns 182,870 shares of the company’s stock worth $8,416,000 after acquiring an additional 149,290 shares during the last quarter. Russell Investments Group Ltd. lifted its position in shares of Invesco S&P 500 Top 50 ETF by 151.8% during the second quarter. Russell Investments Group Ltd. now owns 1,536 shares of the company’s stock worth $80,000 after purchasing an additional 926 shares in the last quarter. Marshall Wace LLP bought a new stake in shares of Invesco S&P 500 Top 50 ETF during the second quarter valued at approximately $7,118,000. Qube Research & Technologies Ltd grew its stake in shares of Invesco S&P 500 Top 50 ETF by 230.7% during the second quarter. Qube Research & Technologies Ltd now owns 9,629 shares of the company’s stock valued at $502,000 after purchasing an additional 6,717 shares during the last quarter. Finally, Main Street Financial Solutions LLC increased its holdings in shares of Invesco S&P 500 Top 50 ETF by 98.2% in the second quarter. Main Street Financial Solutions LLC now owns 13,896 shares of the company’s stock valued at $724,000 after purchasing an additional 6,886 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Price Performance

XLG stock opened at $63.11 on Monday. The company has a 50 day moving average price of $61.34 and a 200 day moving average price of $59.78. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $52.60 and a fifty-two week high of $64.77. The stock has a market capitalization of $11.01 billion, a PE ratio of 27.80 and a beta of 1.06.

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.