Florida Financial Advisors LLC Sells 8,190 Shares of Invesco S&P 500 Top 50 ETF $XLG

Florida Financial Advisors LLC decreased its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 37.6% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 13,594 shares of the company’s stock after selling 8,190 shares during the quarter. Florida Financial Advisors LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $742,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. AlTi Global Inc. increased its stake in Invesco S&P 500 Top 50 ETF by 38.5% in the 1st quarter. AlTi Global Inc. now owns 14,210 shares of the company’s stock worth $775,000 after buying an additional 3,949 shares in the last quarter. Vision Retirement LLC lifted its position in shares of Invesco S&P 500 Top 50 ETF by 9.2% in the first quarter. Vision Retirement LLC now owns 170,625 shares of the company’s stock valued at $9,308,000 after acquiring an additional 14,389 shares in the last quarter. Ascent Wealth Partners LLC bought a new position in shares of Invesco S&P 500 Top 50 ETF in the first quarter worth about $428,000. Centennial Bank AR raised its stake in Invesco S&P 500 Top 50 ETF by 5.3% during the 1st quarter. Centennial Bank AR now owns 56,600 shares of the company’s stock valued at $3,088,000 after purchasing an additional 2,850 shares during the period. Finally, Main Street Group LTD bought a new stake in Invesco S&P 500 Top 50 ETF during the 1st quarter valued at approximately $75,000.

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

NYSEARCA XLG opened at $61.40 on Wednesday. Invesco S&P 500 Top 50 ETF has a 12 month low of $52.60 and a 12 month high of $64.77. The stock has a market cap of $10.74 billion, a PE ratio of 27.80 and a beta of 1.06. The stock’s 50 day moving average is $62.08 and its 200 day moving average is $59.44.

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.