IAM Advisory LLC Sells 361 Shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

IAM Advisory LLC cut its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 7.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,760 shares of the company’s stock after selling 361 shares during the quarter. IAM Advisory LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $238,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of XLG. SteelPeak Wealth LLC raised its holdings in Invesco S&P 500 Top 50 ETF by 1.8% in the 3rd quarter. SteelPeak Wealth LLC now owns 12,511 shares of the company’s stock worth $595,000 after acquiring an additional 221 shares during the last quarter. VitalStone Financial LLC raised its stake in shares of Invesco S&P 500 Top 50 ETF by 10.7% in the third quarter. VitalStone Financial LLC now owns 2,691 shares of the company’s stock worth $128,000 after purchasing an additional 260 shares during the last quarter. Valley Brook Capital Group Inc. lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 5.5% during the third quarter. Valley Brook Capital Group Inc. now owns 5,505 shares of the company’s stock valued at $262,000 after purchasing an additional 285 shares in the last quarter. First Heartland Consultants Inc. boosted its position in shares of Invesco S&P 500 Top 50 ETF by 4.1% during the third quarter. First Heartland Consultants Inc. now owns 9,807 shares of the company’s stock valued at $466,000 after buying an additional 382 shares during the last quarter. Finally, Cooper Financial Group boosted its position in shares of Invesco S&P 500 Top 50 ETF by 8.8% during the fourth quarter. Cooper Financial Group now owns 4,901 shares of the company’s stock valued at $245,000 after buying an additional 398 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Stock Performance

Shares of NYSEARCA:XLG opened at $50.48 on Friday. The firm has a market cap of $4.92 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08. The business has a 50-day simple moving average of $50.18 and a two-hundred day simple moving average of $47.86. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $38.01 and a fifty-two week high of $51.76.

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.