RIA Advisory Group LLC Has $285,000 Stock Position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

RIA Advisory Group LLC reduced its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 90.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 7,555 shares of the company’s stock after selling 70,390 shares during the quarter. RIA Advisory Group LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $285,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in XLG. Iron Horse Wealth Management LLC bought a new position in shares of Invesco S&P 500 Top 50 ETF in the third quarter valued at approximately $25,000. Harbour Investments Inc. grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 901.2% in the third quarter. Harbour Investments Inc. now owns 851 shares of the company’s stock valued at $29,000 after acquiring an additional 766 shares in the last quarter. Financial Gravity Asset Management Inc. grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 172.9% in the third quarter. Financial Gravity Asset Management Inc. now owns 955 shares of the company’s stock valued at $32,000 after acquiring an additional 605 shares in the last quarter. Capital Investment Advisory Services LLC grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 904.1% in the third quarter. Capital Investment Advisory Services LLC now owns 984 shares of the company’s stock valued at $33,000 after acquiring an additional 886 shares in the last quarter. Finally, Archer Investment Corp grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 900.0% in the third quarter. Archer Investment Corp now owns 1,030 shares of the company’s stock valued at $35,000 after acquiring an additional 927 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Trading Down 1.7 %

Shares of XLG stock traded down $0.70 during trading on Friday, hitting $39.84. The company’s stock had a trading volume of 1,836,460 shares, compared to its average volume of 1,147,568. The company has a market cap of $3.92 billion, a PE ratio of 2.95 and a beta of 1.08. The business has a fifty day moving average of $41.41 and a 200-day moving average of $38.31. Invesco S&P 500 Top 50 ETF has a 52 week low of $30.81 and a 52 week high of $42.53.

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.