Apeiron RIA LLC trimmed its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 84.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,351 shares of the company’s stock after selling 40,701 shares during the quarter. Apeiron RIA LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $468,000 at the end of the most recent reporting period.
A number of other hedge funds have also added to or reduced their stakes in XLG. Avidian Wealth Enterprises LLC purchased a new position in shares of Invesco S&P 500 Top 50 ETF during the third quarter worth approximately $237,000. City Center Advisors LLC grew its stake in Invesco S&P 500 Top 50 ETF by 14.2% in the third quarter. City Center Advisors LLC now owns 70,311 shares of the company’s stock worth $4,472,000 after purchasing an additional 8,732 shares in the last quarter. Baring Financial LLC increased its holdings in Invesco S&P 500 Top 50 ETF by 3.4% during the 3rd quarter. Baring Financial LLC now owns 20,491 shares of the company’s stock worth $1,303,000 after purchasing an additional 666 shares during the period. MassMutual Private Wealth & Trust FSB purchased a new position in Invesco S&P 500 Top 50 ETF during the 3rd quarter worth $545,000. Finally, Polaris Financial Partners bought a new stake in Invesco S&P 500 Top 50 ETF during the 3rd quarter valued at $21,423,000.
Invesco S&P 500 Top 50 ETF Price Performance
Shares of XLG stock traded down $0.62 during mid-day trading on Thursday, hitting $64.45. The stock had a trading volume of 595,434 shares, compared to its average volume of 2,505,540. Invesco S&P 500 Top 50 ETF has a 12-month low of $52.60 and a 12-month high of $65.26. The firm has a market capitalization of $11.84 billion, a P/E ratio of 27.80 and a beta of 1.06. The firm’s 50-day moving average is $62.96 and its two-hundred day moving average is $61.29.
About Invesco S&P 500 Top 50 ETF
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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