Invesco S&P 500 Top 50 ETF $XLG Shares Sold by Clearstead Advisors LLC

Clearstead Advisors LLC decreased its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 2.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 896,625 shares of the company’s stock after selling 20,332 shares during the period. Clearstead Advisors LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $51,574,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. MCF Advisors LLC acquired a new stake in shares of Invesco S&P 500 Top 50 ETF in the 3rd quarter worth approximately $27,000. Financial Gravity Companies Inc. bought a new stake in Invesco S&P 500 Top 50 ETF during the second quarter worth approximately $47,000. New Republic Capital LLC raised its holdings in Invesco S&P 500 Top 50 ETF by 90.5% during the third quarter. New Republic Capital LLC now owns 960 shares of the company’s stock worth $55,000 after purchasing an additional 456 shares in the last quarter. CGC Financial Services LLC lifted its position in Invesco S&P 500 Top 50 ETF by 193.1% in the third quarter. CGC Financial Services LLC now owns 1,026 shares of the company’s stock worth $59,000 after purchasing an additional 676 shares during the period. Finally, Transce3nd LLC boosted its stake in Invesco S&P 500 Top 50 ETF by 36.8% during the 2nd quarter. Transce3nd LLC now owns 1,127 shares of the company’s stock valued at $59,000 after purchasing an additional 303 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Stock Performance

Shares of XLG stock opened at $57.65 on Monday. Invesco S&P 500 Top 50 ETF has a 1 year low of $39.50 and a 1 year high of $60.63. The business’s fifty day moving average is $58.72 and its 200-day moving average is $57.90. The stock has a market cap of $11.21 billion, a PE ratio of 27.80 and a beta of 1.03.

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. 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.