Private Advisor Group LLC Has $35.89 Million Stake in Invesco S&P 500 Top 50 ETF $XLG

Private Advisor Group LLC reduced its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 8.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 657,981 shares of the company’s stock after selling 58,999 shares during the quarter. Private Advisor Group LLC owned about 0.37% of Invesco S&P 500 Top 50 ETF worth $35,893,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Birchbrook Inc. acquired a new position in Invesco S&P 500 Top 50 ETF during the 4th quarter worth $27,000. Deutsche Bank AG acquired a new stake in shares of Invesco S&P 500 Top 50 ETF in the 4th quarter valued at $27,000. Godsey & Gibb Inc. bought a new stake in shares of Invesco S&P 500 Top 50 ETF during the fourth quarter worth $30,000. Group One Trading LLC raised its position in shares of Invesco S&P 500 Top 50 ETF by 100.9% during the fourth quarter. Group One Trading LLC now owns 507 shares of the company’s stock worth $30,000 after acquiring an additional 57,871 shares during the last quarter. Finally, Legacy Wealth Managment LLC ID acquired a new position in shares of Invesco S&P 500 Top 50 ETF during the fourth quarter valued at $38,000.

Invesco S&P 500 Top 50 ETF Stock Down 0.5%

Invesco S&P 500 Top 50 ETF stock opened at $60.73 on Friday. The business’s 50-day simple moving average is $62.10 and its 200 day simple moving average is $59.25. The stock has a market cap of $10.31 billion, a price-to-earnings ratio of 27.80 and a beta of 1.06. Invesco S&P 500 Top 50 ETF has a 12-month low of $51.96 and a 12-month high of $64.77.

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.