Patriot Financial Group Insurance Agency LLC reduced its stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 79.2% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,686 shares of the company’s stock after selling 36,772 shares during the quarter. Patriot Financial Group Insurance Agency LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $528,000 at the end of the most recent quarter.
Several other large investors also recently added to or reduced their stakes in the stock. Birchbrook Inc. purchased a new stake in shares of Invesco S&P 500 Top 50 ETF in the fourth quarter valued at about $27,000. Deutsche Bank AG acquired a new position in Invesco S&P 500 Top 50 ETF in the 4th quarter valued at about $27,000. Group One Trading LLC boosted its holdings in Invesco S&P 500 Top 50 ETF by 100.9% in the 4th quarter. Group One Trading LLC now owns 507 shares of the company’s stock valued at $30,000 after purchasing an additional 57,871 shares during the last quarter. Godsey & Gibb Inc. purchased a new stake in shares of Invesco S&P 500 Top 50 ETF in the 4th quarter valued at approximately $30,000. Finally, Legacy Wealth Managment LLC ID purchased a new stake in shares of Invesco S&P 500 Top 50 ETF in the 4th quarter valued at approximately $38,000.
Invesco S&P 500 Top 50 ETF Price Performance
Shares of NYSEARCA XLG opened at $61.23 on Wednesday. The company has a market capitalization of $10.78 billion, a P/E ratio of 27.80 and a beta of 1.05. The company has a 50 day simple moving average of $62.06 and a 200-day simple moving average of $59.23. Invesco S&P 500 Top 50 ETF has a 1 year low of $51.63 and a 1 year high of $64.77.
Invesco S&P 500 Top 50 ETF Company 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.
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