Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) Shares Sold by Mutual Advisors LLC

Mutual Advisors LLC trimmed its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 18.3% during the fourth quarter, HoldingsChannel reports. The fund owned 25,801 shares of the company’s stock after selling 5,765 shares during the quarter. Mutual Advisors LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $1,286,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in XLG. Janney Montgomery Scott LLC lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 13.8% in the 4th quarter. Janney Montgomery Scott LLC now owns 50,551 shares of the company’s stock valued at $2,526,000 after buying an additional 6,133 shares during the period. Commons Capital LLC purchased a new position in Invesco S&P 500 Top 50 ETF in the fourth quarter worth $1,102,000. Segment Wealth Management LLC lifted its holdings in Invesco S&P 500 Top 50 ETF by 1.4% in the fourth quarter. Segment Wealth Management LLC now owns 300,905 shares of the company’s stock valued at $15,033,000 after acquiring an additional 4,265 shares during the period. Lee Johnson Capital Management LLC boosted its position in shares of Invesco S&P 500 Top 50 ETF by 2.1% during the 4th quarter. Lee Johnson Capital Management LLC now owns 72,076 shares of the company’s stock worth $3,601,000 after purchasing an additional 1,449 shares in the last quarter. Finally, RiverTree Advisors LLC grew its stake in shares of Invesco S&P 500 Top 50 ETF by 1,049.3% during the 4th quarter. RiverTree Advisors LLC now owns 83,805 shares of the company’s stock worth $4,187,000 after purchasing an additional 76,513 shares during the period.

Invesco S&P 500 Top 50 ETF Stock Down 0.3 %

Shares of XLG opened at $51.47 on Friday. Invesco S&P 500 Top 50 ETF has a 52-week low of $38.82 and a 52-week high of $51.80. The company has a 50-day simple moving average of $50.36 and a 200-day simple moving average of $48.00. The company has a market capitalization of $5.02 billion, a PE ratio of 2.92 and a beta of 1.08.

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.