Daviman Financial LLC Reduces Holdings in Invesco S&P 500 Top 50 ETF $XLG

Daviman Financial LLC trimmed its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 95.5% during the 1st quarter, Holdings Channel.com reports. The fund owned 6,576 shares of the company’s stock after selling 140,791 shares during the quarter. Daviman Financial LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $359,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of XLG. Great Diamond Partners LLC lifted its position in Invesco S&P 500 Top 50 ETF by 1.0% in the fourth quarter. Great Diamond Partners LLC now owns 18,199 shares of the company’s stock valued at $1,079,000 after purchasing an additional 175 shares during the last quarter. Diversified Enterprises LLC boosted its stake in shares of Invesco S&P 500 Top 50 ETF by 0.5% during the fourth quarter. Diversified Enterprises LLC now owns 33,492 shares of the company’s stock valued at $1,985,000 after purchasing an additional 180 shares during the period. Horizon Wealth Management LLC grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 1.0% in the fourth quarter. Horizon Wealth Management LLC now owns 19,032 shares of the company’s stock worth $1,128,000 after purchasing an additional 180 shares during the last quarter. Compass Capital Corp MA ADV grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 5.1% in the fourth quarter. Compass Capital Corp MA ADV now owns 3,877 shares of the company’s stock worth $227,000 after purchasing an additional 188 shares during the last quarter. Finally, Level Four Advisory Services LLC grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 4.0% in the third quarter. Level Four Advisory Services LLC now owns 5,052 shares of the company’s stock worth $291,000 after purchasing an additional 192 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Stock Up 1.3%

Shares of NYSEARCA XLG opened at $61.23 on Wednesday. The firm’s fifty day moving average is $62.06 and its 200 day moving average is $59.23. Invesco S&P 500 Top 50 ETF has a 52 week low of $51.63 and a 52 week high of $64.77. The company has a market cap of $10.78 billion, a price-to-earnings ratio of 27.80 and a beta of 1.05.

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.