Daviman Financial LLC lessened its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 95.5% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,576 shares of the company’s stock after selling 140,791 shares during the period. Daviman Financial LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $359,000 as of its most recent SEC filing.
Several other large investors also recently added to or reduced their stakes in XLG. Birchbrook Inc. bought a new position in Invesco S&P 500 Top 50 ETF in the 4th quarter worth about $27,000. Deutsche Bank AG purchased a new stake in shares of Invesco S&P 500 Top 50 ETF in the 4th quarter valued at about $27,000. Godsey & Gibb Inc. purchased a new stake in shares of Invesco S&P 500 Top 50 ETF in the 4th quarter valued at about $30,000. Group One Trading LLC boosted its position in shares of Invesco S&P 500 Top 50 ETF by 100.9% during the 4th quarter. Group One Trading LLC now owns 507 shares of the company’s stock valued at $30,000 after acquiring an additional 57,871 shares during the last quarter. Finally, Legacy Wealth Managment LLC ID bought a new stake in shares of Invesco S&P 500 Top 50 ETF during the 4th quarter valued at about $38,000.
Invesco S&P 500 Top 50 ETF Trading Up 1.3%
Shares of NYSEARCA XLG opened at $61.23 on Wednesday. Invesco S&P 500 Top 50 ETF has a 12 month low of $51.63 and a 12 month high of $64.77. The firm has a market capitalization of $10.78 billion, a price-to-earnings ratio of 27.80 and a beta of 1.05. The business has a 50-day moving average of $62.06 and a 200-day moving average of $59.23.
Invesco S&P 500 Top 50 ETF 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.
See Also
- Five stocks we like better than Invesco S&P 500 Top 50 ETF
- NextEra’s Dominion Deal Could Put It at the Center of the AI Power Race
- Amazon Could Be About to Reap the Rewards of a Software Spending Boom
- Best Buy’s Turnaround Is Gaining Traction, But Wall Street Still Needs Proof
- AI Fears Hit Nebius Stock, But Has the Growth Thesis Changed?
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.
