Mercer Global Advisors Inc. ADV Sells 16,048 Shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Mercer Global Advisors Inc. ADV decreased its position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 7.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 192,906 shares of the company’s stock after selling 16,048 shares during the quarter. Mercer Global Advisors Inc. ADV owned 0.20% of Invesco S&P 500 Top 50 ETF worth $8,825,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Voisard Asset Management Group Inc. bought a new position in shares of Invesco S&P 500 Top 50 ETF during the fourth quarter valued at about $28,000. Pineridge Advisors LLC purchased a new position in Invesco S&P 500 Top 50 ETF in the 2nd quarter worth approximately $42,000. YHB Investment Advisors Inc. bought a new stake in Invesco S&P 500 Top 50 ETF in the first quarter valued at approximately $59,000. International Assets Investment Management LLC purchased a new stake in shares of Invesco S&P 500 Top 50 ETF during the second quarter valued at approximately $73,000. Finally, VitalStone Financial LLC grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 21.7% in the first quarter. VitalStone Financial LLC now owns 1,789 shares of the company’s stock worth $75,000 after purchasing an additional 319 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Stock Down 0.1 %

NYSEARCA:XLG opened at $47.14 on Friday. The firm has a market capitalization of $4.60 billion, a P/E ratio of 2.92 and a beta of 1.08. The company has a fifty day moving average of $45.60 and a 200 day moving average of $44.01. Invesco S&P 500 Top 50 ETF has a 52 week low of $32.74 and a 52 week high of $47.99.

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.