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

DGS Capital Management LLC lessened its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 24.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,835 shares of the company’s stock after selling 2,183 shares during the quarter. DGS Capital Management LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $341,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Berbice Capital Management LLC purchased a new stake in Invesco S&P 500 Top 50 ETF during the fourth quarter worth about $379,000. Rappaport Reiches Capital Management LLC lifted its position in shares of Invesco S&P 500 Top 50 ETF by 14.8% during the 4th quarter. Rappaport Reiches Capital Management LLC now owns 20,091 shares of the company’s stock valued at $1,004,000 after acquiring an additional 2,584 shares during the period. Key Client Fiduciary Advisors LLC boosted its stake in shares of Invesco S&P 500 Top 50 ETF by 6.9% during the 4th quarter. Key Client Fiduciary Advisors LLC now owns 9,846 shares of the company’s stock worth $492,000 after acquiring an additional 636 shares in the last quarter. Secure Asset Management LLC grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 36.8% in the 4th quarter. Secure Asset Management LLC now owns 5,779 shares of the company’s stock worth $289,000 after acquiring an additional 1,556 shares during the period. Finally, Seros Financial LLC purchased a new position in Invesco S&P 500 Top 50 ETF in the 4th quarter valued at approximately $7,596,000.

Invesco S&P 500 Top 50 ETF Stock Performance

XLG opened at $51.47 on Friday. The company has a market cap of $5.02 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a one year low of $38.82 and a one year high of $51.80. The business’s fifty day moving average is $50.36 and its two-hundred day moving average is $48.00.

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.