Apeiron RIA LLC Lowers Stake in Invesco S&P 500 Top 50 ETF $XLG

Apeiron RIA LLC lessened its stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 19.9% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 62,422 shares of the company’s stock after selling 15,491 shares during the period. Invesco S&P 500 Top 50 ETF comprises approximately 0.8% of Apeiron RIA LLC’s portfolio, making the stock its 29th largest position. Apeiron RIA LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $3,405,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Birchbrook Inc. acquired a new position in Invesco S&P 500 Top 50 ETF in the 4th quarter valued at about $27,000. Deutsche Bank AG acquired a new stake in shares of Invesco S&P 500 Top 50 ETF during the fourth quarter worth about $27,000. Godsey & Gibb Inc. purchased a new position in shares of Invesco S&P 500 Top 50 ETF in the fourth quarter valued at approximately $30,000. Group One Trading LLC boosted its stake in shares of Invesco S&P 500 Top 50 ETF by 100.9% in the fourth quarter. Group One Trading LLC now owns 507 shares of the company’s stock valued at $30,000 after purchasing an additional 57,871 shares during the period. Finally, Legacy Wealth Managment LLC ID acquired a new position in shares of Invesco S&P 500 Top 50 ETF in the fourth quarter valued at approximately $38,000.

Invesco S&P 500 Top 50 ETF Stock Performance

Shares of XLG stock opened at $60.73 on Friday. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $51.96 and a fifty-two week high of $64.77. The company has a 50 day moving average price of $62.11 and a 200 day moving average price of $59.26. The stock has a market capitalization of $10.31 billion, a P/E ratio of 27.80 and a beta of 1.06.

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. 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.