Retireful LLC Cuts Stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Retireful LLC lessened its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 67.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 16,269 shares of the company’s stock after selling 33,125 shares during the period. Retireful LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $813,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in XLG. LPL Financial LLC increased its stake in shares of Invesco S&P 500 Top 50 ETF by 10.2% during the 3rd quarter. LPL Financial LLC now owns 7,979,467 shares of the company’s stock worth $379,264,000 after purchasing an additional 741,770 shares during the last quarter. HighTower Advisors LLC grew its holdings in Invesco S&P 500 Top 50 ETF by 27.7% during the third quarter. HighTower Advisors LLC now owns 925,321 shares of the company’s stock valued at $43,982,000 after purchasing an additional 200,879 shares during the period. Envestnet Asset Management Inc. increased its position in Invesco S&P 500 Top 50 ETF by 20.9% in the second quarter. Envestnet Asset Management Inc. now owns 875,278 shares of the company’s stock worth $40,044,000 after buying an additional 151,025 shares during the last quarter. Raymond James & Associates raised its stake in shares of Invesco S&P 500 Top 50 ETF by 69.7% in the third quarter. Raymond James & Associates now owns 816,880 shares of the company’s stock valued at $38,826,000 after buying an additional 335,532 shares during the period. Finally, Thrivent Financial for Lutherans lifted its position in shares of Invesco S&P 500 Top 50 ETF by 22.0% during the 3rd quarter. Thrivent Financial for Lutherans now owns 810,478 shares of the company’s stock valued at $38,522,000 after buying an additional 146,219 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Trading Down 0.9 %

Invesco S&P 500 Top 50 ETF stock opened at $49.85 on Friday. The firm has a 50 day simple moving average of $50.17 and a 200 day simple moving average of $47.82. Invesco S&P 500 Top 50 ETF has a 1-year low of $37.67 and a 1-year high of $51.76. The firm has a market capitalization of $4.86 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08.

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.