Tower Research Capital LLC TRC lowered its position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 31.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 513 shares of the company’s stock after selling 240 shares during the quarter. Tower Research Capital LLC TRC’s holdings in Invesco S&P 500 Top 50 ETF were worth $26,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Halbert Hargrove Global Advisors LLC purchased a new stake in shares of Invesco S&P 500 Top 50 ETF during the fourth quarter worth approximately $26,000. Hager Investment Management Services LLC acquired a new position in Invesco S&P 500 Top 50 ETF during the fourth quarter worth $30,000. Millstone Evans Group LLC acquired a new position in Invesco S&P 500 Top 50 ETF during the fourth quarter worth $32,000. Decker Retirement Planning Inc. acquired a new position in Invesco S&P 500 Top 50 ETF during the fourth quarter worth $34,000. Finally, Transce3nd LLC acquired a new position in Invesco S&P 500 Top 50 ETF during the fourth quarter worth $47,000.
Invesco S&P 500 Top 50 ETF Price Performance
Shares of XLG stock opened at $49.43 on Friday. The firm has a market capitalization of $8.80 billion, a PE ratio of 26.13 and a beta of 1.04. Invesco S&P 500 Top 50 ETF has a 1-year low of $39.50 and a 1-year high of $51.80. The business’s fifty day moving average price is $45.61 and its 200 day moving average price is $48.52.
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.
Further Reading
- Five stocks we like better than Invesco S&P 500 Top 50 ETF
- Business Services Stocks Investing
- Meta’s 5 Key Pillars for AI Growth—Zuckerberg’s Bold Vision
- Ride Out The Recession With These Dividend Kings
- Retail Investors Are Betting Big on Rocket Lab—Should You Too?
- What Makes a Stock a Good Dividend Stock?
- GE Aerospace: Qatar Deal Fuels Multi-Billion Dollar Growth Engine
Want to see what other hedge funds are holding XLG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report).
Receive News & Ratings for Invesco S&P 500 Top 50 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Top 50 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
