Invesco S&P 500 Top 50 ETF $XLG Shares Sold by Royal Bank of Canada

Royal Bank of Canada reduced its position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 4.9% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 1,569,561 shares of the company’s stock after selling 81,556 shares during the period. Royal Bank of Canada owned about 0.89% of Invesco S&P 500 Top 50 ETF worth $85,619,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Great Diamond Partners LLC lifted its position in Invesco S&P 500 Top 50 ETF by 1.0% during the fourth quarter. Great Diamond Partners LLC now owns 18,199 shares of the company’s stock worth $1,079,000 after buying an additional 175 shares during the period. Diversified Enterprises LLC boosted its position in shares of Invesco S&P 500 Top 50 ETF by 0.5% in the fourth quarter. Diversified Enterprises LLC now owns 33,492 shares of the company’s stock worth $1,985,000 after acquiring an additional 180 shares during the last quarter. Horizon Wealth Management LLC boosted its position in shares of Invesco S&P 500 Top 50 ETF by 1.0% in the fourth quarter. Horizon Wealth Management LLC now owns 19,032 shares of the company’s stock worth $1,128,000 after acquiring an additional 180 shares during the last quarter. Compass Capital Corp MA ADV grew its holdings in Invesco S&P 500 Top 50 ETF by 5.1% in the fourth quarter. Compass Capital Corp MA ADV now owns 3,877 shares of the company’s stock valued at $227,000 after purchasing an additional 188 shares during the period. Finally, Sequoia Financial Advisors LLC raised its stake in Invesco S&P 500 Top 50 ETF by 0.9% during the fourth quarter. Sequoia Financial Advisors LLC now owns 23,191 shares of the company’s stock worth $1,375,000 after purchasing an additional 203 shares during the period.

Invesco S&P 500 Top 50 ETF Stock Up 1.1%

Shares of XLG opened at $60.77 on Friday. The firm has a market cap of $10.62 billion, a PE ratio of 27.80 and a beta of 1.06. The company’s fifty day moving average is $61.52 and its two-hundred day moving average is $59.48. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $52.60 and a fifty-two week high of $64.77.

Invesco S&P 500 Top 50 ETF 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.