Retireful LLC Reduces Position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Retireful LLC decreased its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 24.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 49,394 shares of the company’s stock after selling 15,894 shares during the period. Invesco S&P 500 Top 50 ETF comprises approximately 1.7% of Retireful LLC’s holdings, making the stock its 17th largest position. Retireful LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $2,348,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. SteelPeak Wealth LLC boosted its position in shares of Invesco S&P 500 Top 50 ETF by 1.8% in the third quarter. SteelPeak Wealth LLC now owns 12,511 shares of the company’s stock worth $595,000 after purchasing an additional 221 shares during the period. VitalStone Financial LLC boosted its holdings in Invesco S&P 500 Top 50 ETF by 10.7% in the 3rd quarter. VitalStone Financial LLC now owns 2,691 shares of the company’s stock worth $128,000 after buying an additional 260 shares during the period. Game Plan Financial Advisors LLC increased its stake in Invesco S&P 500 Top 50 ETF by 7.1% in the 2nd quarter. Game Plan Financial Advisors LLC now owns 4,140 shares of the company’s stock worth $189,000 after buying an additional 275 shares in the last quarter. Valley Brook Capital Group Inc. raised its holdings in Invesco S&P 500 Top 50 ETF by 5.5% during the third quarter. Valley Brook Capital Group Inc. now owns 5,505 shares of the company’s stock valued at $262,000 after acquiring an additional 285 shares during the period. Finally, Zimmermann Investment Management & Planning LLC lifted its position in shares of Invesco S&P 500 Top 50 ETF by 5.5% in the second quarter. Zimmermann Investment Management & Planning LLC now owns 6,769 shares of the company’s stock valued at $310,000 after acquiring an additional 353 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Trading Up 0.8 %

NYSEARCA:XLG opened at $49.19 on Wednesday. The stock has a 50-day moving average price of $47.89 and a 200 day moving average price of $46.03. The stock has a market capitalization of $4.80 billion, a P/E ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a 12-month low of $36.06 and a 12-month high of $49.92.

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.