DGS Capital Management LLC Sells 1,722 Shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

DGS Capital Management LLC trimmed its stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 16.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,018 shares of the company’s stock after selling 1,722 shares during the period. DGS Capital Management LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $429,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in the stock. Pineridge Advisors LLC purchased a new position in Invesco S&P 500 Top 50 ETF during the 2nd quarter worth $42,000. Concord Wealth Partners bought a new position in Invesco S&P 500 Top 50 ETF during the 3rd quarter worth about $47,000. International Assets Investment Management LLC purchased a new position in Invesco S&P 500 Top 50 ETF during the 2nd quarter valued at about $73,000. Investors Research Corp raised its holdings in shares of 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 in the last quarter. Finally, First Personal Financial Services purchased a new stake in shares of Invesco S&P 500 Top 50 ETF in the 2nd quarter worth approximately $97,000.

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

Shares of XLG stock opened at $51.15 on Friday. The firm has a market cap of $4.99 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08. 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’s 50 day moving average is $48.98 and its 200 day moving average is $46.85.

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.