Invesco S&P 500 Top 50 ETF $XLG Shares Sold by Wealth Group Ltd

Wealth Group Ltd reduced its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 92.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,985 shares of the company’s stock after selling 74,436 shares during the period. Wealth Group Ltd’s holdings in Invesco S&P 500 Top 50 ETF were worth $385,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Birch Capital Management LLC purchased a new position in Invesco S&P 500 Top 50 ETF in the second quarter worth approximately $27,000. Atlantic Private Wealth LLC purchased a new position in shares of Invesco S&P 500 Top 50 ETF during the 2nd quarter worth $57,000. Beacon Investment Advisory Services Inc. acquired a new stake in shares of Invesco S&P 500 Top 50 ETF during the 2nd quarter worth about $61,000. Ancora Advisors LLC purchased a new stake in Invesco S&P 500 Top 50 ETF in the 2nd quarter valued at about $72,000. Finally, Leo H. Evart Inc. acquired a new position in Invesco S&P 500 Top 50 ETF in the second quarter valued at about $80,000.

Invesco S&P 500 Top 50 ETF Stock Down 0.0%

Shares of XLG traded down $0.01 during trading on Wednesday, reaching $65.03. 516,833 shares of the company traded hands, compared to its average volume of 2,513,166. The stock has a 50-day simple moving average of $62.83 and a 200-day simple moving average of $61.22. Invesco S&P 500 Top 50 ETF has a twelve month low of $52.60 and a twelve month high of $65.26. The stock has a market cap of $11.95 billion, a PE ratio of 27.80 and a beta of 1.06.

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.