Invesco S&P 500 Top 50 ETF $XLG Stake Trimmed by Wealth Group Ltd

Wealth Group Ltd decreased its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 92.6% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 5,985 shares of the company’s stock after selling 74,436 shares during the quarter. Wealth Group Ltd’s holdings in Invesco S&P 500 Top 50 ETF were worth $385,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Compass Capital Corp MA ADV raised its stake in shares of Invesco S&P 500 Top 50 ETF by 5.1% in the 4th quarter. Compass Capital Corp MA ADV now owns 3,877 shares of the company’s stock valued at $227,000 after acquiring an additional 188 shares during the period. Key Client Fiduciary Advisors LLC boosted its position in Invesco S&P 500 Top 50 ETF by 1.5% during the 2nd quarter. Key Client Fiduciary Advisors LLC now owns 13,549 shares of the company’s stock worth $830,000 after purchasing an additional 205 shares during the period. Insight Advisors LLC PA boosted its position in Invesco S&P 500 Top 50 ETF by 2.3% during the 4th quarter. Insight Advisors LLC PA now owns 10,950 shares of the company’s stock worth $649,000 after purchasing an additional 251 shares during the period. Team Financial Group LLC increased its holdings in Invesco S&P 500 Top 50 ETF by 22.8% in the 1st quarter. Team Financial Group LLC now owns 1,389 shares of the company’s stock valued at $76,000 after purchasing an additional 258 shares in the last quarter. Finally, Investors Research Corp increased its holdings in Invesco S&P 500 Top 50 ETF by 3.2% in the 2nd quarter. Investors Research Corp now owns 11,037 shares of the company’s stock valued at $676,000 after purchasing an additional 339 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Trading Down 0.0%

NYSEARCA:XLG traded down $0.01 during mid-day trading on Wednesday, hitting $65.03. The company had a trading volume of 516,833 shares, compared to its average volume of 2,513,166. The business has a fifty day simple moving average of $62.83 and a 200-day simple moving average of $61.22. The firm has a market capitalization of $11.95 billion, a price-to-earnings ratio of 27.80 and a beta of 1.06. Invesco S&P 500 Top 50 ETF has a 1 year low of $52.60 and a 1 year high of $65.26.

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.