Invesco S&P 500 Top 50 ETF $XLG Shares Sold by Sanctuary Advisors LLC

Sanctuary Advisors LLC cut its stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 78.2% in the first quarter, Holdings Channel.com reports. The fund owned 225,383 shares of the company’s stock after selling 807,242 shares during the quarter. Sanctuary Advisors LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $12,295,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of the stock. Jane Street Group LLC lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 444.6% in the 1st quarter. Jane Street Group LLC now owns 182,870 shares of the company’s stock valued at $8,416,000 after purchasing an additional 149,290 shares during the last quarter. Russell Investments Group Ltd. increased its position in Invesco S&P 500 Top 50 ETF by 151.8% during the second quarter. Russell Investments Group Ltd. now owns 1,536 shares of the company’s stock worth $80,000 after buying an additional 926 shares during the period. Marshall Wace LLP purchased a new stake in Invesco S&P 500 Top 50 ETF in the second quarter valued at approximately $7,118,000. Qube Research & Technologies Ltd lifted its stake in Invesco S&P 500 Top 50 ETF by 230.7% in the second quarter. Qube Research & Technologies Ltd now owns 9,629 shares of the company’s stock valued at $502,000 after buying an additional 6,717 shares during the last quarter. Finally, Main Street Financial Solutions LLC boosted its holdings in shares of Invesco S&P 500 Top 50 ETF by 98.2% in the second quarter. Main Street Financial Solutions LLC now owns 13,896 shares of the company’s stock valued at $724,000 after acquiring an additional 6,886 shares during the period.

Invesco S&P 500 Top 50 ETF Trading Down 1.2%

XLG stock opened at $61.45 on Friday. The company has a market capitalization of $10.75 billion, a P/E ratio of 27.80 and a beta of 1.06. The business has a 50 day simple moving average of $62.19 and a 200-day simple moving average of $59.41. Invesco S&P 500 Top 50 ETF has a twelve month low of $52.60 and a twelve month high of $64.77.

About Invesco S&P 500 Top 50 ETF

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.