Invesco S&P 500 Top 50 ETF $XLG Shares Sold by GPS Wealth Strategies Group LLC

GPS Wealth Strategies Group LLC decreased its position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 93.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 84,420 shares of the company’s stock after selling 1,268,887 shares during the quarter. Invesco S&P 500 Top 50 ETF accounts for approximately 4.3% of GPS Wealth Strategies Group LLC’s holdings, making the stock its 3rd largest position. GPS Wealth Strategies Group LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $5,004,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Birchbrook Inc. acquired a new position in shares of Invesco S&P 500 Top 50 ETF in the 4th quarter worth approximately $27,000. MCF Advisors LLC acquired a new position in shares of Invesco S&P 500 Top 50 ETF in the 3rd quarter valued at about $27,000. Godsey & Gibb Inc. acquired a new position in shares of Invesco S&P 500 Top 50 ETF in the 4th quarter valued at about $30,000. Legacy Wealth Managment LLC ID acquired a new position in shares of Invesco S&P 500 Top 50 ETF in the 4th quarter valued at about $38,000. Finally, Reyes Financial Architecture Inc. acquired a new position in shares of Invesco S&P 500 Top 50 ETF in the 3rd quarter valued at about $55,000.

Invesco S&P 500 Top 50 ETF Stock Performance

NYSEARCA XLG opened at $63.56 on Friday. Invesco S&P 500 Top 50 ETF has a one year low of $47.93 and a one year high of $64.33. The company has a 50-day simple moving average of $58.71 and a 200-day simple moving average of $58.65. The firm has a market capitalization of $11.19 billion, a PE ratio of 27.80 and a beta of 1.05.

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. The Russell 3000 Index is an unmanaged capitalization-weighted index that offers investors access to the United States equity universe representing approximately 98% of the United States equity market.