PSI Advisors LLC Has $1.18 Million Stock Holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

PSI Advisors LLC decreased its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 2.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 24,799 shares of the company’s stock after selling 521 shares during the period. PSI Advisors LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $1,179,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Pineridge Advisors LLC bought a new stake in Invesco S&P 500 Top 50 ETF in the second quarter worth approximately $42,000. International Assets Investment Management LLC bought a new stake in Invesco S&P 500 Top 50 ETF in the second quarter worth $73,000. VitalStone Financial LLC increased its position in Invesco S&P 500 Top 50 ETF by 21.7% during the first quarter. VitalStone Financial LLC now owns 1,789 shares of the company’s stock worth $75,000 after buying an additional 319 shares during the last quarter. First Personal Financial Services acquired a new stake in shares of Invesco S&P 500 Top 50 ETF in the second quarter worth about $97,000. Finally, Centennial Bank AR bought a new stake in shares of Invesco S&P 500 Top 50 ETF during the 2nd quarter worth about $101,000.

Invesco S&P 500 Top 50 ETF Stock Performance

Shares of NYSEARCA XLG opened at $47.94 on Thursday. The business’s 50-day simple moving average is $46.84 and its 200-day simple moving average is $44.98. Invesco S&P 500 Top 50 ETF has a 52 week low of $32.74 and a 52 week high of $48.74. The firm has a market cap of $4.67 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08.

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.