Fmr LLC lowered its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 1.1% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 37,541 shares of the company’s stock after selling 428 shares during the period. Fmr LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $1,784,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in XLG. Pineridge Advisors LLC purchased a new stake in shares of Invesco S&P 500 Top 50 ETF in the 2nd quarter worth about $42,000. Concord Wealth Partners purchased a new stake in shares of Invesco S&P 500 Top 50 ETF in the 3rd quarter worth about $47,000. International Assets Investment Management LLC purchased a new position in Invesco S&P 500 Top 50 ETF during the 2nd quarter valued at about $73,000. Investors Research Corp lifted its position in Invesco S&P 500 Top 50 ETF by 126.7% during the 3rd quarter. Investors Research Corp now owns 1,909 shares of the company’s stock valued at $91,000 after acquiring an additional 1,067 shares during the period. Finally, First Personal Financial Services purchased a new position in Invesco S&P 500 Top 50 ETF during the 2nd quarter valued at about $97,000.
Invesco S&P 500 Top 50 ETF Price Performance
Shares of NYSEARCA XLG opened at $51.15 on Monday. Invesco S&P 500 Top 50 ETF has a 1 year low of $36.96 and a 1 year high of $51.44. The stock has a market cap of $4.99 billion, a P/E ratio of 2.92 and a beta of 1.08. The firm has a 50-day moving average of $49.05 and a 200 day moving average of $46.92.
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.
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