Flagship Wealth Advisors LLC Sells 51,116 Shares of Invesco S&P 500 Top 50 ETF $XLG

Flagship Wealth Advisors LLC lessened its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 51.0% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 49,079 shares of the company’s stock after selling 51,116 shares during the period. Invesco S&P 500 Top 50 ETF accounts for approximately 1.0% of Flagship Wealth Advisors LLC’s holdings, making the stock its 27th biggest position. Flagship Wealth Advisors LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $2,557,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Birchbrook Inc. purchased a new stake in shares of Invesco S&P 500 Top 50 ETF during the fourth quarter worth about $27,000. Deutsche Bank AG purchased a new position in Invesco S&P 500 Top 50 ETF in the 4th quarter worth approximately $27,000. Godsey & Gibb Inc. purchased a new position in Invesco S&P 500 Top 50 ETF in the 4th quarter worth approximately $30,000. Group One Trading LLC lifted its holdings in Invesco S&P 500 Top 50 ETF by 100.9% in the 4th quarter. Group One Trading LLC now owns 507 shares of the company’s stock worth $30,000 after purchasing an additional 57,871 shares in the last quarter. Finally, Legacy Wealth Managment LLC ID purchased a new stake in Invesco S&P 500 Top 50 ETF during the 4th quarter valued at approximately $38,000.

Invesco S&P 500 Top 50 ETF Price Performance

Invesco S&P 500 Top 50 ETF stock opened at $60.77 on Friday. The stock has a market cap of $10.60 billion, a P/E ratio of 27.80 and a beta of 1.06. Invesco S&P 500 Top 50 ETF has a 1 year low of $52.60 and a 1 year high of $64.77. The firm’s 50 day moving average price is $61.52 and its 200-day moving average price is $59.48.

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. 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.