Diversified LLC lowered its position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 4.7% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 30,792 shares of the company’s stock after selling 1,524 shares during the period. Diversified LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $1,464,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently modified their holdings of XLG. Pineridge Advisors LLC purchased a new position in shares of Invesco S&P 500 Top 50 ETF in the 2nd quarter worth approximately $42,000. Concord Wealth Partners purchased a new position in shares of Invesco S&P 500 Top 50 ETF in the 3rd quarter worth approximately $47,000. International Assets Investment Management LLC purchased a new position in shares of Invesco S&P 500 Top 50 ETF in the 2nd quarter worth approximately $73,000. Investors Research Corp grew its position in shares of Invesco S&P 500 Top 50 ETF by 126.7% in the 3rd quarter. Investors Research Corp now owns 1,909 shares of the company’s stock worth $91,000 after buying an additional 1,067 shares during the last quarter. Finally, First Personal Financial Services purchased a new position in shares of Invesco S&P 500 Top 50 ETF in the 2nd quarter worth approximately $97,000.
Invesco S&P 500 Top 50 ETF Trading Up 0.8 %
NYSEARCA:XLG opened at $49.53 on Monday. The company has a market cap of $4.83 billion, a PE ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a twelve month low of $36.06 and a twelve month high of $49.92. The company’s 50 day moving average is $48.06 and its two-hundred day moving average is $46.18.
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.
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