Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) Shares Sold by DGS Capital Management LLC

DGS Capital Management LLC trimmed its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 16.0% during the 3rd quarter, Holdings Channel.com reports. The firm owned 9,018 shares of the company’s stock after selling 1,722 shares during the period. DGS Capital Management LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $429,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. LPL Financial LLC raised its stake in shares of Invesco S&P 500 Top 50 ETF by 10.2% during the 3rd quarter. LPL Financial LLC now owns 7,979,467 shares of the company’s stock worth $379,264,000 after buying an additional 741,770 shares during the period. Thrivent Financial for Lutherans raised its position in Invesco S&P 500 Top 50 ETF by 868.3% during the second quarter. Thrivent Financial for Lutherans now owns 664,259 shares of the company’s stock worth $30,389,000 after acquiring an additional 595,661 shares during the period. Bricktown Capital LLC acquired a new position in Invesco S&P 500 Top 50 ETF during the second quarter worth $27,172,000. Core Wealth Advisors Inc. purchased a new position in Invesco S&P 500 Top 50 ETF during the second quarter valued at $17,484,000. Finally, Private Advisor Group LLC grew its position in shares of Invesco S&P 500 Top 50 ETF by 142.3% in the second quarter. Private Advisor Group LLC now owns 616,477 shares of the company’s stock valued at $28,204,000 after purchasing an additional 362,048 shares during the period.

Invesco S&P 500 Top 50 ETF Trading Up 0.2 %

XLG stock opened at $51.15 on Friday. Invesco S&P 500 Top 50 ETF has a 12-month low of $36.96 and a 12-month high of $51.44. The business’s 50-day moving average is $48.98 and its 200 day moving average is $46.85. The stock has a market cap of $4.99 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08.

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.