Invesco S&P 500 Top 50 ETF $XLG Shares Sold by Investors Research Corp

Investors Research Corp lessened its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 51.8% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 11,825 shares of the company’s stock after selling 12,692 shares during the period. Investors Research Corp’s holdings in Invesco S&P 500 Top 50 ETF were worth $752,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Johnson Financial Group Inc. boosted its stake in Invesco S&P 500 Top 50 ETF by 2.7% in the first quarter. Johnson Financial Group Inc. now owns 2,071,676 shares of the company’s stock valued at $113,010,000 after acquiring an additional 53,884 shares during the period. Lido Advisors LLC raised its position in shares of Invesco S&P 500 Top 50 ETF by 6.2% during the 1st quarter. Lido Advisors LLC now owns 1,327,458 shares of the company’s stock worth $72,413,000 after purchasing an additional 77,171 shares during the period. Advocacy Wealth Management LLC lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 5.3% in the 4th quarter. Advocacy Wealth Management LLC now owns 1,152,408 shares of the company’s stock worth $68,315,000 after purchasing an additional 57,654 shares during the last quarter. Bogart Wealth LLC lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 2.3% in the 1st quarter. Bogart Wealth LLC now owns 1,099,124 shares of the company’s stock worth $59,957,000 after purchasing an additional 24,787 shares during the last quarter. Finally, MML Investors Services LLC boosted its position in Invesco S&P 500 Top 50 ETF by 10.5% during the 4th quarter. MML Investors Services LLC now owns 862,918 shares of the company’s stock valued at $51,154,000 after purchasing an additional 81,838 shares during the period.

Invesco S&P 500 Top 50 ETF Price Performance

NYSEARCA:XLG traded up $0.03 during midday trading on Wednesday, reaching $65.07. 933,506 shares of the company traded hands, compared to its average volume of 2,515,692. The firm has a market capitalization of $11.96 billion, a price-to-earnings ratio of 27.80 and a beta of 1.06. The company has a fifty day moving average price of $62.83 and a 200 day moving average price of $61.22. Invesco S&P 500 Top 50 ETF has a twelve month low of $52.60 and a twelve month high of $65.26.

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.