Ethos Financial Group LLC trimmed its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 80.8% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 32,582 shares of the company’s stock after selling 137,340 shares during the period. Ethos Financial Group LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $1,777,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Team Financial Group LLC raised its position in shares of Invesco S&P 500 Top 50 ETF by 22.8% in the first quarter. Team Financial Group LLC now owns 1,389 shares of the company’s stock valued at $76,000 after purchasing an additional 258 shares during the period. Fifth Third Bancorp grew its holdings in Invesco S&P 500 Top 50 ETF by 1,524.2% in the 1st quarter. Fifth Third Bancorp now owns 49,699 shares of the company’s stock valued at $2,711,000 after buying an additional 46,639 shares in the last quarter. Kestra Advisory Services LLC increased its position in Invesco S&P 500 Top 50 ETF by 3.2% during the 1st quarter. Kestra Advisory Services LLC now owns 485,942 shares of the company’s stock worth $26,508,000 after buying an additional 14,987 shares during the period. Meitav Investment House Ltd. increased its position in Invesco S&P 500 Top 50 ETF by 68.3% during the 1st quarter. Meitav Investment House Ltd. now owns 17,218 shares of the company’s stock worth $939,000 after buying an additional 6,990 shares during the period. Finally, Bogart Wealth LLC lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 2.3% during the first quarter. Bogart Wealth LLC now owns 1,099,124 shares of the company’s stock worth $59,957,000 after buying an additional 24,787 shares in the last quarter.
Invesco S&P 500 Top 50 ETF Stock Performance
XLG stock opened at $61.71 on Wednesday. Invesco S&P 500 Top 50 ETF has a 52 week low of $52.43 and a 52 week high of $64.77. The company’s 50-day simple moving average is $62.22 and its 200 day simple moving average is $59.38. The company has a market capitalization of $10.80 billion, a PE ratio of 27.80 and a beta of 1.06.
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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