Nwam LLC lowered its stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 52.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 15,273 shares of the company’s stock after selling 16,689 shares during the period. Nwam LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $901,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Jane Street Group LLC grew its position in shares of Invesco S&P 500 Top 50 ETF by 444.6% during the 1st quarter. Jane Street Group LLC now owns 182,870 shares of the company’s stock valued at $8,416,000 after buying an additional 149,290 shares during the last quarter. Russell Investments Group Ltd. grew its position in shares of Invesco S&P 500 Top 50 ETF by 151.8% during the 2nd quarter. Russell Investments Group Ltd. now owns 1,536 shares of the company’s stock valued at $80,000 after buying an additional 926 shares during the last quarter. Marshall Wace LLP bought a new stake in shares of Invesco S&P 500 Top 50 ETF during the 2nd quarter valued at about $7,118,000. Qube Research & Technologies Ltd grew its position in shares of Invesco S&P 500 Top 50 ETF by 230.7% during the 2nd quarter. Qube Research & Technologies Ltd now owns 9,629 shares of the company’s stock valued at $502,000 after buying an additional 6,717 shares during the last quarter. Finally, Main Street Financial Solutions LLC grew its position in shares of Invesco S&P 500 Top 50 ETF by 98.2% during the 2nd quarter. Main Street Financial Solutions LLC now owns 13,896 shares of the company’s stock valued at $724,000 after buying an additional 6,886 shares during the last quarter.
Invesco S&P 500 Top 50 ETF Stock Down 0.1%
Shares of NYSEARCA:XLG opened at $62.85 on Tuesday. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $47.81 and a fifty-two week high of $63.07. The firm has a 50-day simple moving average of $57.56 and a 200 day simple moving average of $58.38. The company has a market cap of $11.07 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.
Further Reading
- Five stocks we like better than Invesco S&P 500 Top 50 ETF
- Before the Moon Base Gets Built, These 4 Companies Win
- Industrial Buybacks: Top Homebuilding Supplier Leads Buyback Increases
- 3 Stocks That Win If Inflation Surprises to the Downside
- MercadoLibre Boldly Invests in Growth: Discount Deepens
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.
