Sowell Financial Services LLC lowered its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 44.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 35,610 shares of the company’s stock after selling 28,831 shares during the quarter. Sowell Financial Services LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $2,265,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also made changes to their positions in XLG. Key Client Fiduciary Advisors LLC raised its holdings in Invesco S&P 500 Top 50 ETF by 1.5% in the second quarter. Key Client Fiduciary Advisors LLC now owns 13,549 shares of the company’s stock valued at $830,000 after acquiring an additional 205 shares in the last quarter. Team Financial Group LLC grew its holdings in Invesco S&P 500 Top 50 ETF by 22.8% during the 1st quarter. Team Financial Group LLC now owns 1,389 shares of the company’s stock worth $76,000 after acquiring an additional 258 shares in the last quarter. Investors Research Corp grew its holdings in Invesco S&P 500 Top 50 ETF by 3.2% during the 2nd quarter. Investors Research Corp now owns 11,037 shares of the company’s stock worth $676,000 after acquiring an additional 339 shares in the last quarter. Retireful LLC grew its holdings in Invesco S&P 500 Top 50 ETF by 2.6% during the 2nd quarter. Retireful LLC now owns 13,778 shares of the company’s stock worth $845,000 after acquiring an additional 351 shares in the last quarter. Finally, NFSG Corp increased its position in shares of Invesco S&P 500 Top 50 ETF by 2.1% in the 3rd quarter. NFSG Corp now owns 18,895 shares of the company’s stock worth $1,202,000 after purchasing an additional 381 shares during the last quarter.
Invesco S&P 500 Top 50 ETF Stock Performance
XLG opened at $62.55 on Friday. The company has a 50-day moving average of $63.28 and a 200-day moving average of $62.03. The company has a market capitalization of $11.75 billion, a P/E ratio of 27.80 and a beta of 1.06. Invesco S&P 500 Top 50 ETF has a 1-year low of $52.60 and a 1-year high of $65.26.
About Invesco S&P 500 Top 50 ETF
Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) is an exchange-traded fund managed by Invesco Ltd. The fund seeks to provide investment results that generally correspond to the performance of the S&P 500 Top 50 Index, which is designed to track the 50 largest companies in the S&P 500 Index.
XLG provides focused exposure to large-cap U.S. equities across a range of industries, including information technology, consumer, health care, financial services and communications. Its holdings are generally weighted according to the methodology of the underlying index, giving investors access to many of the largest publicly traded companies in the United States through a single fund.
The fund began operations in 2005 and is listed on NYSE Arca.
Featured Stories
- Five stocks we like better than Invesco S&P 500 Top 50 ETF
- Is Texas Instruments Setting Up for Its Next Big Breakout?
- Pegasystems’ Q3 Miss Exposed the Problem Standing Between AI and Cash Flow
- Lam Research’s Earnings Beat Wasn’t the Real Story—Its 2027 Outlook Was
- Tesla’s Flying-Car Hype Hits an Earnings Reality Check
Receive News & Ratings for Invesco S&P 500 Top 50 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Top 50 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
