Verus Capital Partners LLC reduced its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 85.4% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 5,892 shares of the company’s stock after selling 34,533 shares during the quarter. Verus Capital Partners LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $321,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently made changes to their positions in XLG. Jane Street Group LLC boosted its holdings in shares of Invesco S&P 500 Top 50 ETF by 444.6% in the first quarter. Jane Street Group LLC now owns 182,870 shares of the company’s stock worth $8,416,000 after buying an additional 149,290 shares during the last quarter. Russell Investments Group Ltd. increased its holdings in Invesco S&P 500 Top 50 ETF by 151.8% during the second quarter. Russell Investments Group Ltd. now owns 1,536 shares of the company’s stock valued at $80,000 after buying an additional 926 shares during the last quarter. Marshall Wace LLP bought a new position in Invesco S&P 500 Top 50 ETF in the second quarter worth approximately $7,118,000. Qube Research & Technologies Ltd raised its position in Invesco S&P 500 Top 50 ETF by 230.7% in the second quarter. Qube Research & Technologies Ltd now owns 9,629 shares of the company’s stock worth $502,000 after acquiring an additional 6,717 shares during the period. Finally, Main Street Financial Solutions LLC raised its position in Invesco S&P 500 Top 50 ETF by 98.2% in the second quarter. Main Street Financial Solutions LLC now owns 13,896 shares of the company’s stock worth $724,000 after acquiring an additional 6,886 shares during the period.
Invesco S&P 500 Top 50 ETF Price Performance
Shares of Invesco S&P 500 Top 50 ETF stock opened at $60.77 on Monday. Invesco S&P 500 Top 50 ETF has a 1-year low of $52.60 and a 1-year high of $64.77. The company’s fifty day simple moving average is $61.52 and its 200-day simple moving average is $59.48. The stock has a market capitalization of $10.60 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.
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