Invesco S&P 500 Top 50 ETF $XLG Shares Sold by Simplicity Wealth LLC

Simplicity Wealth LLC trimmed its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 69.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 4,753 shares of the company’s stock after selling 10,910 shares during the quarter. Simplicity Wealth LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $259,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Birchbrook Inc. acquired a new position in shares of Invesco S&P 500 Top 50 ETF in the 4th quarter valued at about $27,000. Deutsche Bank AG purchased a new position in Invesco S&P 500 Top 50 ETF during the fourth quarter valued at approximately $27,000. Group One Trading LLC lifted its holdings in Invesco S&P 500 Top 50 ETF by 100.9% in the fourth quarter. Group One Trading LLC now owns 507 shares of the company’s stock valued at $30,000 after acquiring an additional 57,871 shares during the period. Godsey & Gibb Inc. acquired a new position in Invesco S&P 500 Top 50 ETF in the fourth quarter valued at approximately $30,000. Finally, Legacy Wealth Managment LLC ID purchased a new stake in Invesco S&P 500 Top 50 ETF in the 4th quarter worth approximately $38,000.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of NYSEARCA XLG opened at $62.20 on Thursday. The stock has a market capitalization of $10.88 billion, a price-to-earnings ratio of 27.80 and a beta of 1.06. The firm’s 50 day simple moving average is $62.21 and its 200-day simple moving average is $59.40. Invesco S&P 500 Top 50 ETF has a 12 month low of $52.43 and a 12 month high of $64.77.

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. 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.