Transcend Capital Advisors LLC Sells 2,126 Shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Transcend Capital Advisors LLC trimmed its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 2.6% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 80,325 shares of the company’s stock after selling 2,126 shares during the period. Transcend Capital Advisors LLC owned approximately 0.08% of Invesco S&P 500 Top 50 ETF worth $4,013,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Abound Wealth Management bought a new position in shares of Invesco S&P 500 Top 50 ETF during the fourth quarter valued at $30,000. Hager Investment Management Services LLC bought a new stake in Invesco S&P 500 Top 50 ETF during the 4th quarter valued at about $30,000. Decker Retirement Planning Inc. purchased a new position in Invesco S&P 500 Top 50 ETF in the fourth quarter worth about $34,000. Concord Wealth Partners bought a new position in shares of Invesco S&P 500 Top 50 ETF in the third quarter worth approximately $47,000. Finally, Golden State Wealth Management LLC purchased a new stake in shares of Invesco S&P 500 Top 50 ETF during the fourth quarter valued at approximately $58,000.

Invesco S&P 500 Top 50 ETF Stock Down 0.4 %

Shares of XLG opened at $51.53 on Friday. Invesco S&P 500 Top 50 ETF has a twelve month low of $39.75 and a twelve month high of $51.80. The company has a market capitalization of $5.02 billion, a P/E ratio of 2.92 and a beta of 1.08. The firm has a 50 day moving average of $50.77 and a 200 day moving average of $48.65.

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.