Seneca House Advisors cut its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 2.9% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 17,028 shares of the company’s stock after selling 500 shares during the period. Seneca House Advisors’ holdings in Invesco S&P 500 Top 50 ETF were worth $717,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cornerstone Wealth Group LLC acquired a new position in Invesco S&P 500 Top 50 ETF during the 1st quarter worth approximately $343,000. Grimes & Company Inc. acquired a new position in Invesco S&P 500 Top 50 ETF during the 1st quarter worth approximately $208,000. Wealthcare Advisory Partners LLC acquired a new position in Invesco S&P 500 Top 50 ETF during the 1st quarter worth approximately $316,000. DGS Capital Management LLC acquired a new position in Invesco S&P 500 Top 50 ETF during the 1st quarter worth approximately $401,000. Finally, Brookstone Capital Management increased its position in Invesco S&P 500 Top 50 ETF by 11.4% during the 1st quarter. Brookstone Capital Management now owns 88,103 shares of the company’s stock worth $3,712,000 after purchasing an additional 8,990 shares during the period.
Invesco S&P 500 Top 50 ETF Stock Down 0.7 %
Shares of XLG traded down $0.30 on Friday, reaching $45.75. The stock had a trading volume of 2,279,733 shares, compared to its average volume of 1,306,183. Invesco S&P 500 Top 50 ETF has a twelve month low of $32.74 and a twelve month high of $46.47. The firm has a 50-day moving average of $43.45 and a 200 day moving average of $41.25. The firm has a market capitalization of $4.46 billion, a PE ratio of 2.92 and a beta of 1.08.
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.
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