Invesco S&P 500 Top 50 ETF $XLG Stock Holdings Decreased by Synergy Asset Management LLC

Synergy Asset Management LLC lowered its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 66.8% during the fourth quarter, Holdings Channel reports. The fund owned 6,450 shares of the company’s stock after selling 12,993 shares during the quarter. Synergy Asset Management LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $382,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Belpointe Asset Management LLC boosted its position in shares of Invesco S&P 500 Top 50 ETF by 284.4% in the third quarter. Belpointe Asset Management LLC now owns 20,364 shares of the company’s stock worth $1,171,000 after buying an additional 15,067 shares during the period. Aspire Capital Advisors LLC raised its position in Invesco S&P 500 Top 50 ETF by 55.1% during the third quarter. Aspire Capital Advisors LLC now owns 133,700 shares of the company’s stock valued at $7,690,000 after buying an additional 47,513 shares during the period. Fortis Capital Advisors LLC acquired a new position in Invesco S&P 500 Top 50 ETF during the third quarter valued at $869,000. Retirement Planning Group LLC NY purchased a new stake in Invesco S&P 500 Top 50 ETF in the 3rd quarter worth about $533,000. Finally, Cannon Advisors Inc. lifted its stake in Invesco S&P 500 Top 50 ETF by 40.4% in the 3rd quarter. Cannon Advisors Inc. now owns 29,829 shares of the company’s stock worth $1,732,000 after acquiring an additional 8,584 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Trading Down 1.9%

Shares of NYSEARCA XLG opened at $52.92 on Friday. Invesco S&P 500 Top 50 ETF has a one year low of $39.50 and a one year high of $60.63. The business has a 50-day moving average price of $57.20 and a two-hundred day moving average price of $58.09. The firm has a market capitalization of $10.29 billion, a PE ratio of 27.80 and a beta of 1.03.

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.