Centennial Bank AR lowered its stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 47.8% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 53,750 shares of the company’s stock after selling 49,225 shares during the period. Invesco S&P 500 Top 50 ETF accounts for approximately 1.3% of Centennial Bank AR’s holdings, making the stock its 22nd biggest holding. Centennial Bank AR’s holdings in Invesco S&P 500 Top 50 ETF were worth $3,186,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Johnson Financial Group Inc. increased its position in shares of Invesco S&P 500 Top 50 ETF by 17.5% in the 3rd quarter. Johnson Financial Group Inc. now owns 2,045,865 shares of the company’s stock worth $117,678,000 after purchasing an additional 304,958 shares during the last quarter. Sound Income Strategies LLC increased its position in shares of Invesco S&P 500 Top 50 ETF by 4,166.5% in the 4th quarter. Sound Income Strategies LLC now owns 35,753 shares of the company’s stock worth $2,104,000 after purchasing an additional 34,915 shares during the last quarter. Cypress Wealth Services LLC bought a new stake in shares of Invesco S&P 500 Top 50 ETF during the 4th quarter valued at about $650,000. Elevation Capital Advisory LLC grew its position in shares of Invesco S&P 500 Top 50 ETF by 26.1% during the 4th quarter. Elevation Capital Advisory LLC now owns 161,707 shares of the company’s stock valued at $9,586,000 after buying an additional 33,420 shares during the last quarter. Finally, Elevation Point Wealth Partners LLC bought a new stake in shares of Invesco S&P 500 Top 50 ETF during the 3rd quarter valued at about $3,815,000.
Invesco S&P 500 Top 50 ETF Stock Down 1.6%
Shares of NYSEARCA:XLG opened at $61.21 on Thursday. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $49.68 and a fifty-two week high of $64.77. The firm has a 50-day simple moving average of $61.56 and a 200 day simple moving average of $59.17. The company has a market cap of $10.78 billion, a PE ratio of 27.80 and a beta of 1.05.
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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