Y Intercept Hong Kong Ltd lessened its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 56.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,817 shares of the company’s stock after selling 16,396 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Invesco S&P 500 Top 50 ETF were worth $609,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors also recently modified their holdings of XLG. Pineridge Advisors LLC bought a new position in shares of Invesco S&P 500 Top 50 ETF during the 2nd quarter worth approximately $42,000. Concord Wealth Partners bought a new position in shares of Invesco S&P 500 Top 50 ETF during the 3rd quarter worth approximately $47,000. International Assets Investment Management LLC bought a new position in Invesco S&P 500 Top 50 ETF in the 2nd quarter valued at $73,000. Investors Research Corp raised its position in Invesco S&P 500 Top 50 ETF by 126.7% in the 3rd quarter. Investors Research Corp now owns 1,909 shares of the company’s stock valued at $91,000 after purchasing an additional 1,067 shares during the last quarter. Finally, First Personal Financial Services bought a new position in Invesco S&P 500 Top 50 ETF in the 2nd quarter valued at $97,000.
Invesco S&P 500 Top 50 ETF Stock Performance
Shares of XLG opened at $51.15 on Friday. The stock has a fifty day moving average price of $49.05 and a two-hundred day moving average price of $46.90. Invesco S&P 500 Top 50 ETF has a 52-week low of $36.96 and a 52-week high of $51.44. The company has a market cap of $4.99 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08.
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.
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