Stratos Wealth Advisors LLC decreased its position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 3.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 139,332 shares of the company’s stock after selling 4,899 shares during the period. Stratos Wealth Advisors LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $6,961,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also bought and sold shares of XLG. Abound Wealth Management purchased a new stake in Invesco S&P 500 Top 50 ETF during the fourth quarter valued at about $30,000. Decker Retirement Planning Inc. purchased a new stake in shares of Invesco S&P 500 Top 50 ETF in the fourth quarter worth about $34,000. Concord Wealth Partners purchased a new stake in shares of Invesco S&P 500 Top 50 ETF in the third quarter worth about $47,000. Crews Bank & Trust purchased a new stake in shares of Invesco S&P 500 Top 50 ETF in the fourth quarter worth about $87,000. Finally, Investors Research Corp lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 126.7% in the third quarter. Investors Research Corp now owns 1,909 shares of the company’s stock worth $91,000 after buying an additional 1,067 shares in the last quarter.
Invesco S&P 500 Top 50 ETF Trading Up 1.1 %
XLG stock opened at $50.84 on Wednesday. The company’s 50 day moving average is $50.56 and its 200 day moving average is $48.16. The stock has a market cap of $4.96 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a 1-year low of $39.75 and a 1-year high of $51.80.
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.
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Want to see what other hedge funds are holding XLG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report).
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