Lido Advisors LLC reduced its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 13.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,281,739 shares of the company’s stock after selling 195,313 shares during the period. Lido Advisors LLC owned approximately 0.68% of Invesco S&P 500 Top 50 ETF worth $81,531,000 as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of the business. Birch Capital Management LLC acquired a new stake in shares of Invesco S&P 500 Top 50 ETF in the second quarter worth $27,000. Caldwell Trust Co bought a new position in Invesco S&P 500 Top 50 ETF during the third quarter worth $31,000. Godsey & Gibb Inc. bought a new position in Invesco S&P 500 Top 50 ETF during the third quarter worth $32,000. Pinnacle Wealth Planning Services Inc. acquired a new position in Invesco S&P 500 Top 50 ETF during the 3rd quarter valued at $52,000. Finally, Atlantic Private Wealth LLC acquired a new position in Invesco S&P 500 Top 50 ETF during the 2nd quarter valued at $57,000.
Invesco S&P 500 Top 50 ETF Price Performance
NYSEARCA:XLG opened at $60.62 on Wednesday. Invesco S&P 500 Top 50 ETF has a one year low of $52.60 and a one year high of $65.26. The company has a fifty day moving average price of $63.07 and a 200 day moving average price of $60.74. The stock has a market cap of $11.35 billion, a P/E ratio of 27.80 and a beta of 1.06.
About Invesco S&P 500 Top 50 ETF
Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) is an exchange-traded fund managed by Invesco Ltd. The fund seeks to provide investment results that generally correspond to the performance of the S&P 500 Top 50 Index, which is designed to track the 50 largest companies in the S&P 500 Index. XLG provides focused exposure to large-cap U.S. equities across a range of industries, including information technology, consumer, health care, financial services and communications. Its holdings are generally weighted according to the methodology of the underlying index, giving investors access to many of the largest publicly traded companies in the United States through a single fund.
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