Seros Financial LLC reduced its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 21.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 130,353 shares of the company’s stock after selling 35,686 shares during the quarter. Invesco S&P 500 Top 50 ETF accounts for approximately 4.5% of Seros Financial LLC’s portfolio, making the stock its 12th largest holding. Seros Financial LLC owned about 0.08% of Invesco S&P 500 Top 50 ETF worth $5,999,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Halbert Hargrove Global Advisors LLC purchased a new stake in Invesco S&P 500 Top 50 ETF in the fourth quarter worth about $26,000. Millstone Evans Group LLC purchased a new stake in Invesco S&P 500 Top 50 ETF in the fourth quarter worth about $32,000. Transce3nd LLC purchased a new stake in Invesco S&P 500 Top 50 ETF in the fourth quarter worth about $47,000. Rothschild Investment LLC purchased a new stake in Invesco S&P 500 Top 50 ETF in the fourth quarter worth about $50,000. Finally, Kiker Wealth Management LLC purchased a new stake in Invesco S&P 500 Top 50 ETF in the fourth quarter worth about $50,000.
Invesco S&P 500 Top 50 ETF Price Performance
Shares of XLG opened at $50.70 on Friday. Invesco S&P 500 Top 50 ETF has a one year low of $39.50 and a one year high of $51.80. The company has a 50-day simple moving average of $46.95 and a two-hundred day simple moving average of $48.60. The firm has a market capitalization of $9.13 billion, a PE ratio of 26.13 and a beta of 1.05.
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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