Sage Mountain Advisors LLC Sells 683 Shares of Invesco S&P 500 Top 50 ETF $XLG

Sage Mountain Advisors LLC trimmed its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 0.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 105,683 shares of the company’s stock after selling 683 shares during the period. Sage Mountain Advisors LLC owned approximately 0.06% of Invesco S&P 500 Top 50 ETF worth $5,506,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. SouthState Corp acquired a new stake in Invesco S&P 500 Top 50 ETF during the first quarter valued at approximately $28,000. Harbor Asset Planning Inc. bought a new position in Invesco S&P 500 Top 50 ETF in the 2nd quarter worth approximately $31,000. MTM Investment Management LLC bought a new position in Invesco S&P 500 Top 50 ETF in the 1st quarter worth approximately $30,000. Y.D. More Investments Ltd raised its position in Invesco S&P 500 Top 50 ETF by 149.2% in the 1st quarter. Y.D. More Investments Ltd now owns 648 shares of the company’s stock worth $30,000 after purchasing an additional 388 shares during the last quarter. Finally, LGT Financial Advisors LLC raised its position in shares of Invesco S&P 500 Top 50 ETF by 248.5% during the 2nd quarter. LGT Financial Advisors LLC now owns 791 shares of the company’s stock valued at $41,000 after acquiring an additional 564 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Stock Up 1.1%

XLG opened at $58.69 on Friday. Invesco S&P 500 Top 50 ETF has a 12 month low of $39.50 and a 12 month high of $58.81. The company has a fifty day simple moving average of $56.61 and a 200 day simple moving average of $52.15. The stock has a market cap of $11.27 billion, a P/E ratio of 27.80 and a beta of 1.00.

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.