Green Ridge Wealth Planning LLC Sells 8,084 Shares of Invesco S&P 500 Top 50 ETF $XLG

Green Ridge Wealth Planning LLC decreased its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 3.5% during the 3rd quarter, HoldingsChannel reports. The firm owned 220,635 shares of the company’s stock after selling 8,084 shares during the quarter. Invesco S&P 500 Top 50 ETF comprises approximately 5.7% of Green Ridge Wealth Planning LLC’s holdings, making the stock its 5th largest position. Green Ridge Wealth Planning LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $14,035,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the business. Birch Capital Management LLC acquired a new stake in Invesco S&P 500 Top 50 ETF in the second quarter valued at about $27,000. Atlantic Private Wealth LLC acquired a new position in Invesco S&P 500 Top 50 ETF during the second quarter worth about $57,000. Beacon Investment Advisory Services Inc. acquired a new position in Invesco S&P 500 Top 50 ETF during the second quarter worth about $61,000. Ancora Advisors LLC acquired a new position in Invesco S&P 500 Top 50 ETF during the second quarter worth about $72,000. Finally, Leo H. Evart Inc. bought a new position in shares of Invesco S&P 500 Top 50 ETF in the second quarter worth about $80,000.

Invesco S&P 500 Top 50 ETF Trading Down 0.9%

XLG opened at $64.49 on Friday. The company’s 50 day moving average is $63.05 and its 200-day moving average is $61.36. Invesco S&P 500 Top 50 ETF has a 1-year low of $52.60 and a 1-year high of $65.26. The company has a market cap of $11.85 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.