Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) Shares Sold by WESPAC Advisors LLC

WESPAC Advisors LLC trimmed its stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 31.5% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 7,536 shares of the company’s stock after selling 3,461 shares during the period. WESPAC Advisors LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $345,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in XLG. Wolf Group Capital Advisors raised its position in Invesco S&P 500 Top 50 ETF by 818.8% in the second quarter. Wolf Group Capital Advisors now owns 327,482 shares of the company’s stock valued at $14,982,000 after purchasing an additional 291,840 shares during the period. WMG Financial Advisors LLC raised its holdings in shares of Invesco S&P 500 Top 50 ETF by 2.4% in the 2nd quarter. WMG Financial Advisors LLC now owns 37,992 shares of the company’s stock valued at $1,738,000 after buying an additional 893 shares during the period. International Assets Investment Management LLC acquired a new position in Invesco S&P 500 Top 50 ETF during the 2nd quarter worth about $73,000. First Personal Financial Services purchased a new position in Invesco S&P 500 Top 50 ETF during the 2nd quarter valued at about $97,000. Finally, Bricktown Capital LLC acquired a new position in Invesco S&P 500 Top 50 ETF in the 2nd quarter valued at about $27,172,000.

Invesco S&P 500 Top 50 ETF Stock Performance

Shares of XLG traded up $0.48 during mid-day trading on Friday, hitting $46.51. 1,029,729 shares of the company’s stock were exchanged, compared to its average volume of 1,490,222. The stock’s 50-day moving average is $45.81 and its 200-day moving average is $43.49. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $32.74 and a fifty-two week high of $47.99. The company has a market cap of $4.53 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08.

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.