Invesco S&P 500 Top 50 ETF $XLG Position Trimmed by Synergy Asset Management LLC

Synergy Asset Management LLC decreased its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 66.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 6,450 shares of the company’s stock after selling 12,993 shares during the quarter. Synergy Asset Management LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $382,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. MCF Advisors LLC acquired a new stake in shares of Invesco S&P 500 Top 50 ETF during the 3rd quarter valued at $27,000. New Republic Capital LLC grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 90.5% in the 3rd quarter. New Republic Capital LLC now owns 960 shares of the company’s stock worth $55,000 after acquiring an additional 456 shares during the last quarter. Reyes Financial Architecture Inc. acquired a new position in shares of Invesco S&P 500 Top 50 ETF in the 3rd quarter worth $55,000. Dagco Inc. acquired a new stake in shares of Invesco S&P 500 Top 50 ETF during the fourth quarter worth $57,000. Finally, Transce3nd LLC raised its position in shares of Invesco S&P 500 Top 50 ETF by 36.8% during the second quarter. Transce3nd LLC now owns 1,127 shares of the company’s stock worth $59,000 after purchasing an additional 303 shares during the period.

Invesco S&P 500 Top 50 ETF Stock Down 1.9%

Shares of NYSEARCA XLG opened at $52.92 on Friday. Invesco S&P 500 Top 50 ETF has a 12 month low of $39.50 and a 12 month high of $60.63. The company has a market cap of $10.29 billion, a price-to-earnings ratio of 27.80 and a beta of 1.03. The business has a fifty day simple moving average of $57.20 and a 200-day simple moving average of $58.09.

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.