Berbice Capital Management LLC Lowers Stake in Invesco S&P 500 Top 50 ETF $XLG

Berbice Capital Management LLC lessened its stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 93.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 624 shares of the company’s stock after selling 8,900 shares during the period. Berbice Capital Management LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $33,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in XLG. SouthState Corp bought a new position in Invesco S&P 500 Top 50 ETF in the 1st quarter worth about $28,000. Y.D. More Investments Ltd boosted its holdings in shares of Invesco S&P 500 Top 50 ETF by 149.2% in the first quarter. Y.D. More Investments Ltd now owns 648 shares of the company’s stock valued at $30,000 after purchasing an additional 388 shares during the period. Harbor Asset Planning Inc. bought a new position in Invesco S&P 500 Top 50 ETF in the second quarter worth approximately $31,000. LGT Financial Advisors LLC increased its holdings in Invesco S&P 500 Top 50 ETF by 248.5% during the 2nd quarter. LGT Financial Advisors LLC now owns 791 shares of the company’s stock worth $41,000 after purchasing an additional 564 shares during the period. Finally, Financial Gravity Companies Inc. purchased a new position in Invesco S&P 500 Top 50 ETF during the 2nd quarter worth $47,000.

Invesco S&P 500 Top 50 ETF Trading Up 0.2%

Shares of XLG stock opened at $59.50 on Wednesday. Invesco S&P 500 Top 50 ETF has a twelve month low of $39.50 and a twelve month high of $60.63. The stock has a fifty day simple moving average of $58.40 and a two-hundred day simple moving average of $54.86. The stock has a market capitalization of $11.44 billion, a price-to-earnings ratio of 27.80 and a beta of 1.03.

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.