Darrow Company Inc. Sells 4,955 Shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Darrow Company Inc. cut its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 36.9% in the 4th quarter, HoldingsChannel reports. The firm owned 8,459 shares of the company’s stock after selling 4,955 shares during the period. Darrow Company Inc.’s holdings in Invesco S&P 500 Top 50 ETF were worth $319,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Financial Gravity Asset Management Inc. lifted its position in Invesco S&P 500 Top 50 ETF by 172.9% during the third quarter. Financial Gravity Asset Management Inc. now owns 955 shares of the company’s stock valued at $32,000 after purchasing an additional 605 shares during the last quarter. Capital Investment Advisory Services LLC lifted its position in Invesco S&P 500 Top 50 ETF by 904.1% during the third quarter. Capital Investment Advisory Services LLC now owns 984 shares of the company’s stock valued at $33,000 after purchasing an additional 886 shares during the last quarter. Archer Investment Corp lifted its position in Invesco S&P 500 Top 50 ETF by 900.0% during the third quarter. Archer Investment Corp now owns 1,030 shares of the company’s stock valued at $35,000 after purchasing an additional 927 shares during the last quarter. Headinvest LLC bought a new stake in Invesco S&P 500 Top 50 ETF during the third quarter valued at approximately $36,000. Finally, SYM FINANCIAL Corp bought a new stake in Invesco S&P 500 Top 50 ETF during the third quarter valued at approximately $37,000.

Invesco S&P 500 Top 50 ETF Stock Performance

Shares of XLG opened at $41.18 on Friday. The firm has a market cap of $4.05 billion, a price-to-earnings ratio of 2.95 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $31.07 and a fifty-two week high of $42.53. The firm has a 50 day moving average price of $41.40 and a 200-day moving average price of $38.60.

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.