Capital CS Group LLC Trims Stock Holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Capital CS Group LLC lessened its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 13.4% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 27,276 shares of the company’s stock after selling 4,238 shares during the period. Invesco S&P 500 Top 50 ETF accounts for 1.5% of Capital CS Group LLC’s holdings, making the stock its 5th biggest holding. Capital CS Group LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $1,296,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of XLG. LPL Financial LLC boosted its holdings in shares of Invesco S&P 500 Top 50 ETF by 6.6% during the 2nd quarter. LPL Financial LLC now owns 7,237,697 shares of the company’s stock worth $331,125,000 after buying an additional 448,925 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its stake in Invesco S&P 500 Top 50 ETF by 20.6% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,305,381 shares of the company’s stock valued at $59,721,000 after purchasing an additional 223,301 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Invesco S&P 500 Top 50 ETF by 5,426.0% during the fourth quarter. Goldman Sachs Group Inc. now owns 934,951 shares of the company’s stock valued at $35,266,000 after purchasing an additional 918,032 shares during the period. GPS Wealth Strategies Group LLC raised its holdings in shares of Invesco S&P 500 Top 50 ETF by 7.0% during the second quarter. GPS Wealth Strategies Group LLC now owns 927,894 shares of the company’s stock valued at $42,451,000 after purchasing an additional 60,665 shares during the period. Finally, Envestnet Asset Management Inc. boosted its position in shares of Invesco S&P 500 Top 50 ETF by 20.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 875,278 shares of the company’s stock worth $40,044,000 after purchasing an additional 151,025 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of XLG traded up $0.49 during trading hours on Friday, hitting $47.48. The stock had a trading volume of 1,170,089 shares, compared to its average volume of 1,455,571. The firm has a 50 day simple moving average of $45.83 and a 200-day simple moving average of $44.41. Invesco S&P 500 Top 50 ETF has a 1-year low of $32.74 and a 1-year high of $47.99. The firm has a market capitalization of $4.63 billion, a P/E 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.