WMG Financial Advisors LLC trimmed its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 0.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 38,720 shares of the company’s stock after selling 216 shares during the period. Invesco S&P 500 Top 50 ETF accounts for about 0.8% of WMG Financial Advisors LLC’s investment portfolio, making the stock its 23rd largest position. WMG Financial Advisors LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $1,934,000 as of its most recent SEC filing.
Other large investors have also recently added to or reduced their stakes in the company. Halbert Hargrove Global Advisors LLC purchased a new position in shares of Invesco S&P 500 Top 50 ETF during the 4th quarter worth about $26,000. Abound Wealth Management purchased a new position in shares of Invesco S&P 500 Top 50 ETF during the 4th quarter worth about $30,000. Hager Investment Management Services LLC purchased a new position in shares of Invesco S&P 500 Top 50 ETF during the 4th quarter worth about $30,000. Decker Retirement Planning Inc. purchased a new position in shares of Invesco S&P 500 Top 50 ETF during the 4th quarter worth about $34,000. Finally, Rothschild Investment LLC purchased a new position in shares of Invesco S&P 500 Top 50 ETF during the 4th quarter worth about $50,000.
Invesco S&P 500 Top 50 ETF Stock Performance
NYSEARCA XLG opened at $48.53 on Tuesday. Invesco S&P 500 Top 50 ETF has a one year low of $39.75 and a one year high of $51.80. The company’s 50 day moving average price is $50.61 and its 200 day moving average price is $49.01. The firm has a market capitalization of $8.73 billion, a price-to-earnings ratio of 29.57 and a beta of 1.01.
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.
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