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

IFP Advisors Inc reduced its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 3.4% during the 4th quarter, Holdings Channel reports. The firm owned 7,470 shares of the company’s stock after selling 261 shares during the quarter. IFP Advisors Inc’s holdings in Invesco S&P 500 Top 50 ETF were worth $373,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of XLG. Integrated Advisors Network LLC acquired a new stake in Invesco S&P 500 Top 50 ETF in the third quarter valued at approximately $274,000. US Bancorp DE lifted its position in shares of Invesco S&P 500 Top 50 ETF by 22.8% in the third quarter. US Bancorp DE now owns 23,939 shares of the company’s stock valued at $1,138,000 after acquiring an additional 4,441 shares in the last quarter. Principal Securities Inc. lifted its position in shares of Invesco S&P 500 Top 50 ETF by 39.1% in the third quarter. Principal Securities Inc. now owns 98,779 shares of the company’s stock valued at $4,695,000 after acquiring an additional 27,784 shares in the last quarter. Focus Financial Network Inc. lifted its position in shares of Invesco S&P 500 Top 50 ETF by 7.3% in the third quarter. Focus Financial Network Inc. now owns 14,642 shares of the company’s stock valued at $696,000 after acquiring an additional 999 shares in the last quarter. Finally, Lansing Street Advisors lifted its position in shares of Invesco S&P 500 Top 50 ETF by 12.5% in the third quarter. Lansing Street Advisors now owns 8,955 shares of the company’s stock valued at $426,000 after acquiring an additional 997 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Price Performance

NYSEARCA XLG opened at $49.62 on Friday. The company has a market cap of $8.92 billion, a PE ratio of 29.57 and a beta of 1.01. The stock’s 50 day simple moving average is $50.66 and its 200-day simple moving average is $48.97. Invesco S&P 500 Top 50 ETF has a 1-year low of $39.75 and a 1-year high of $51.80.

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.