Silver Oak Securities Incorporated Sells 42,500 Shares of Invesco S&P 500 Top 50 ETF $XLG

Silver Oak Securities Incorporated trimmed its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 83.4% during the first quarter, Holdings Channel reports. The firm owned 8,447 shares of the company’s stock after selling 42,500 shares during the period. Silver Oak Securities Incorporated’s holdings in Invesco S&P 500 Top 50 ETF were worth $461,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in XLG. Johnson Financial Group Inc. lifted its position in shares of Invesco S&P 500 Top 50 ETF by 17.5% during the 3rd quarter. Johnson Financial Group Inc. now owns 2,045,865 shares of the company’s stock worth $117,678,000 after buying an additional 304,958 shares during the period. Sound Income Strategies LLC grew its position in Invesco S&P 500 Top 50 ETF by 4,166.5% in the fourth quarter. Sound Income Strategies LLC now owns 35,753 shares of the company’s stock valued at $2,104,000 after acquiring an additional 34,915 shares during the period. Cypress Wealth Services LLC bought a new stake in Invesco S&P 500 Top 50 ETF in the fourth quarter valued at $650,000. Elevation Capital Advisory LLC grew its position in Invesco S&P 500 Top 50 ETF by 26.1% in the fourth quarter. Elevation Capital Advisory LLC now owns 161,707 shares of the company’s stock valued at $9,586,000 after acquiring an additional 33,420 shares during the period. Finally, Elevation Point Wealth Partners LLC acquired a new position in Invesco S&P 500 Top 50 ETF during the third quarter worth $3,815,000.

Invesco S&P 500 Top 50 ETF Stock Down 0.4%

NYSEARCA:XLG opened at $59.30 on Friday. The firm has a market cap of $10.44 billion, a PE ratio of 27.80 and a beta of 1.05. Invesco S&P 500 Top 50 ETF has a 12 month low of $51.47 and a 12 month high of $64.77. The company’s 50-day moving average price is $62.01 and its two-hundred day moving average price is $59.22.

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. 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.