Waverly Advisors LLC Has $521,000 Holdings in Invesco S&P 500 Top 50 ETF $XLG

Waverly Advisors LLC decreased its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 82.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 9,555 shares of the company’s stock after selling 46,475 shares during the quarter. Waverly Advisors LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $521,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Birchbrook Inc. bought 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 fourth quarter valued at about $27,000. 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. Godsey & Gibb Inc. bought a new position in shares of Invesco S&P 500 Top 50 ETF during the fourth quarter worth about $30,000. Finally, Legacy Wealth Managment LLC ID bought a new position in shares of Invesco S&P 500 Top 50 ETF during the fourth quarter worth about $38,000.

Invesco S&P 500 Top 50 ETF Price Performance

Invesco S&P 500 Top 50 ETF stock opened at $60.77 on Monday. The stock’s 50 day moving average is $61.52 and its 200 day moving average is $59.48. Invesco S&P 500 Top 50 ETF has a one year low of $52.60 and a one year high of $64.77. The firm has a market cap of $10.60 billion, a P/E ratio of 27.80 and a beta of 1.06.

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. 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.