Silver Oak Securities Incorporated Sells 42,500 Shares of Invesco S&P 500 Top 50 ETF $XLG

Silver Oak Securities Incorporated lowered its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 83.4% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 8,447 shares of the company’s stock after selling 42,500 shares during the period. Silver Oak Securities Incorporated’s holdings in Invesco S&P 500 Top 50 ETF were worth $461,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Johnson Financial Group Inc. lifted its position in shares of Invesco S&P 500 Top 50 ETF by 17.5% in the 3rd quarter. Johnson Financial Group Inc. now owns 2,045,865 shares of the company’s stock worth $117,678,000 after acquiring an additional 304,958 shares during the period. Sound Income Strategies LLC increased its position in shares of Invesco S&P 500 Top 50 ETF by 4,166.5% during the fourth quarter. Sound Income Strategies LLC now owns 35,753 shares of the company’s stock valued at $2,104,000 after purchasing an additional 34,915 shares during the period. Cypress Wealth Services LLC acquired a new position in shares of Invesco S&P 500 Top 50 ETF in the fourth quarter valued at $650,000. Elevation Capital Advisory LLC raised its stake in shares of Invesco S&P 500 Top 50 ETF by 26.1% in the fourth quarter. Elevation Capital Advisory LLC now owns 161,707 shares of the company’s stock valued at $9,586,000 after purchasing an additional 33,420 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC bought a new position in Invesco S&P 500 Top 50 ETF in the third quarter worth $3,815,000.

Invesco S&P 500 Top 50 ETF Price Performance

XLG opened at $59.30 on Friday. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $51.47 and a fifty-two week high of $64.77. The firm’s fifty day moving average price is $62.01 and its two-hundred day moving average price is $59.22. The company has a market capitalization of $10.44 billion, a P/E ratio of 27.80 and a beta of 1.05.

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.