Institute for Wealth Management LLC. Sells 65 Shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Institute for Wealth Management LLC. lowered its stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 1.0% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,220 shares of the company’s stock after selling 65 shares during the quarter. Institute for Wealth Management LLC. owned 0.16% of Invesco S&P 500 Top 50 ETF worth $1,305,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Cullen Frost Bankers Inc. bought a new stake in shares of Invesco S&P 500 Top 50 ETF in the 1st quarter valued at $37,000. Citizens Financial Group Inc RI bought a new stake in shares of Invesco S&P 500 Top 50 ETF in the 1st quarter valued at $45,000. RPg Family Wealth Advisory LLC bought a new stake in Invesco S&P 500 Top 50 ETF during the 1st quarter valued at $46,000. FMR LLC increased its stake in Invesco S&P 500 Top 50 ETF by 153.4% during the 4th quarter. FMR LLC now owns 745 shares of the company’s stock valued at $134,000 after purchasing an additional 451 shares in the last quarter. Finally, Cetera Advisors LLC bought a new stake in Invesco S&P 500 Top 50 ETF during the 1st quarter valued at $201,000.

XLG stock traded up $2.80 during midday trading on Friday, reaching $207.32. 36,000 shares of the company’s stock traded hands, compared to its average volume of 35,601. The firm’s fifty day moving average price is $212.44 and its 200-day moving average price is $205.78. Invesco S&P 500 Top 50 ETF has a 52 week low of $167.86 and a 52 week high of $217.39.

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.

See Also: Average Daily Trade Volume – What You Need to Know

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Institutional Ownership by Quarter for Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

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