Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) Holdings Trimmed by Hutchens & Kramer Investment Management Group LLC

Hutchens & Kramer Investment Management Group LLC lowered its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 3.7% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 66,714 shares of the company’s stock after selling 2,560 shares during the period. Invesco S&P 500 Top 50 ETF accounts for 1.8% of Hutchens & Kramer Investment Management Group LLC’s investment portfolio, making the stock its 12th largest position. Hutchens & Kramer Investment Management Group LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $3,333,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also bought and sold shares of the company. Abound Wealth Management purchased a new stake in Invesco S&P 500 Top 50 ETF in the 4th quarter worth about $30,000. Decker Retirement Planning Inc. purchased a new stake in Invesco S&P 500 Top 50 ETF in the 4th quarter worth about $34,000. Concord Wealth Partners purchased a new stake in Invesco S&P 500 Top 50 ETF in the 3rd quarter worth about $47,000. Investors Research Corp lifted its stake in Invesco S&P 500 Top 50 ETF by 126.7% in the 3rd quarter. Investors Research Corp now owns 1,909 shares of the company’s stock worth $91,000 after acquiring an additional 1,067 shares in the last quarter. Finally, Centennial Bank AR purchased a new stake in Invesco S&P 500 Top 50 ETF in the 2nd quarter worth about $101,000.

Invesco S&P 500 Top 50 ETF Trading Down 2.2 %

Shares of Invesco S&P 500 Top 50 ETF stock opened at $50.34 on Tuesday. The stock has a 50-day moving average price of $50.36 and a 200 day moving average price of $48.00. The company has a market cap of $4.91 billion, a P/E ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a 1 year low of $38.82 and a 1 year high of $51.80.

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.