Allworth Financial LP Sells 1,200 Shares of Invesco S&P 500 Top 50 ETF $XLG

Allworth Financial LP reduced its position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 24.3% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 3,748 shares of the company’s stock after selling 1,200 shares during the period. Allworth Financial LP’s holdings in Invesco S&P 500 Top 50 ETF were worth $195,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. SouthState Corp acquired a new stake in shares of Invesco S&P 500 Top 50 ETF in the first quarter valued at approximately $28,000. Harbor Asset Planning Inc. bought a new position in shares of Invesco S&P 500 Top 50 ETF during the 2nd quarter worth approximately $31,000. Y.D. More Investments Ltd increased its holdings in shares of Invesco S&P 500 Top 50 ETF by 149.2% during the 1st quarter. Y.D. More Investments Ltd now owns 648 shares of the company’s stock worth $30,000 after acquiring an additional 388 shares during the last quarter. LGT Financial Advisors LLC raised its stake in Invesco S&P 500 Top 50 ETF by 248.5% in the 2nd quarter. LGT Financial Advisors LLC now owns 791 shares of the company’s stock valued at $41,000 after acquiring an additional 564 shares during the period. Finally, Blue Trust Inc. raised its stake in Invesco S&P 500 Top 50 ETF by 140.8% in the 2nd quarter. Blue Trust Inc. now owns 973 shares of the company’s stock valued at $51,000 after acquiring an additional 569 shares during the period.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of Invesco S&P 500 Top 50 ETF stock opened at $57.53 on Wednesday. The business has a fifty day simple moving average of $58.08 and a two-hundred day simple moving average of $54.09. Invesco S&P 500 Top 50 ETF has a 1 year low of $39.50 and a 1 year high of $60.63. The company has a market capitalization of $11.06 billion, a price-to-earnings ratio of 27.80 and a beta of 1.03.

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.