Flagship Wealth Advisors LLC Decreases Stake in Invesco S&P 500 Top 50 ETF $XLG

Flagship Wealth Advisors LLC cut its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 51.0% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 49,079 shares of the company’s stock after selling 51,116 shares during the period. Invesco S&P 500 Top 50 ETF makes up about 1.0% of Flagship Wealth Advisors LLC’s portfolio, making the stock its 27th biggest holding. Flagship Wealth Advisors LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $2,557,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in XLG. Birchbrook Inc. bought a new stake in Invesco S&P 500 Top 50 ETF in the 4th quarter worth approximately $27,000. Deutsche Bank AG bought a new position in shares of Invesco S&P 500 Top 50 ETF during the 4th quarter valued at approximately $27,000. Group One Trading LLC grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 100.9% in the fourth quarter. Group One Trading LLC now owns 507 shares of the company’s stock valued at $30,000 after purchasing an additional 57,871 shares in the last quarter. Godsey & Gibb Inc. purchased a new position in shares of Invesco S&P 500 Top 50 ETF in the fourth quarter valued at $30,000. Finally, Legacy Wealth Managment LLC ID bought a new stake in Invesco S&P 500 Top 50 ETF in the fourth quarter worth $38,000.

Invesco S&P 500 Top 50 ETF Stock Up 1.1%

Invesco S&P 500 Top 50 ETF stock opened at $60.77 on Friday. The company has a market cap of $10.60 billion, a price-to-earnings ratio of 27.80 and a beta of 1.06. The firm’s fifty day moving average is $61.52 and its 200 day moving average is $59.48. Invesco S&P 500 Top 50 ETF has a 52-week low of $52.60 and a 52-week high of $64.77.

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.