Ethos Financial Group LLC lowered its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 80.8% during the 1st quarter, Holdings Channel.com reports. The firm owned 32,582 shares of the company’s stock after selling 137,340 shares during the quarter. Ethos Financial Group LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $1,777,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently made changes to their positions in XLG. Birchbrook Inc. bought a new stake in Invesco S&P 500 Top 50 ETF during the 4th quarter worth approximately $27,000. Deutsche Bank AG purchased a new position in Invesco S&P 500 Top 50 ETF during the 4th quarter worth $27,000. Godsey & Gibb Inc. purchased a new position in Invesco S&P 500 Top 50 ETF during the 4th quarter worth $30,000. Group One Trading LLC grew its stake in shares of 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 worth $30,000 after acquiring an additional 57,871 shares in the last quarter. Finally, Legacy Wealth Managment LLC ID purchased a new stake in shares of Invesco S&P 500 Top 50 ETF in the fourth quarter valued at about $38,000.
Invesco S&P 500 Top 50 ETF Price Performance
XLG opened at $61.71 on Wednesday. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $52.43 and a fifty-two week high of $64.77. The firm has a market capitalization of $10.80 billion, a P/E ratio of 27.80 and a beta of 1.06. The company’s 50-day moving average is $62.22 and its 200 day moving average is $59.38.
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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