Lido Advisors LLC Trims Stake in Invesco S&P 500 Top 50 ETF $XLG

Lido Advisors LLC trimmed its stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 0.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,250,287 shares of the company’s stock after selling 10,160 shares during the period. Lido Advisors LLC owned 0.64% of Invesco S&P 500 Top 50 ETF worth $72,577,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of XLG. MCF Advisors LLC purchased a new stake in shares of Invesco S&P 500 Top 50 ETF in the 3rd quarter worth $27,000. Birchbrook Inc. purchased a new stake in Invesco S&P 500 Top 50 ETF in the 4th quarter worth $27,000. Godsey & Gibb Inc. purchased a new stake in Invesco S&P 500 Top 50 ETF in the 4th quarter worth $30,000. Legacy Wealth Managment LLC ID purchased a new stake in Invesco S&P 500 Top 50 ETF in the 4th quarter worth $38,000. Finally, Reyes Financial Architecture Inc. purchased a new stake in Invesco S&P 500 Top 50 ETF in the 3rd quarter worth $55,000.

Invesco S&P 500 Top 50 ETF Stock Performance

Shares of XLG stock opened at $63.66 on Thursday. Invesco S&P 500 Top 50 ETF has a 52-week low of $49.42 and a 52-week high of $64.77. The firm has a market capitalization of $11.21 billion, a PE ratio of 27.80 and a beta of 1.05. The stock has a fifty day simple moving average of $60.05 and a two-hundred day simple moving average of $58.91.

About Invesco S&P 500 Top 50 ETF

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. The Russell 3000 Index is an unmanaged capitalization-weighted index that offers investors access to the United States equity universe representing approximately 98% of the United States equity market.