Financial Partners Group LLC cut its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 4.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 39,037 shares of the company’s stock after selling 1,850 shares during the quarter. Financial Partners Group LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $1,950,000 as of its most recent SEC filing.
Other large investors have also made changes to their positions in the company. Abound Wealth Management bought a new position in shares of Invesco S&P 500 Top 50 ETF during the fourth quarter worth $30,000. Decker Retirement Planning Inc. purchased a new stake in Invesco S&P 500 Top 50 ETF in the 4th quarter worth $34,000. Concord Wealth Partners bought a new position in shares of Invesco S&P 500 Top 50 ETF during the 3rd quarter valued at about $47,000. Investors Research Corp grew its position in shares of Invesco S&P 500 Top 50 ETF by 126.7% during the third quarter. Investors Research Corp now owns 1,909 shares of the company’s stock valued at $91,000 after purchasing an additional 1,067 shares in the last quarter. Finally, Centennial Bank AR bought a new stake in shares of Invesco S&P 500 Top 50 ETF in the second quarter worth about $101,000.
Invesco S&P 500 Top 50 ETF Trading Up 0.5 %
NYSEARCA:XLG opened at $51.63 on Friday. The business’s 50-day moving average is $50.26 and its 200 day moving average is $47.94. Invesco S&P 500 Top 50 ETF has a 12 month low of $38.82 and a 12 month high of $51.76. The company has a market capitalization of $5.03 billion, a P/E ratio of 2.92 and a beta of 1.08.
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.
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