Farther Finance Advisors LLC Sells 28,034 Shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Farther Finance Advisors LLC reduced its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 17.4% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 133,430 shares of the company’s stock after selling 28,034 shares during the quarter. Farther Finance Advisors LLC owned approximately 0.14% of Invesco S&P 500 Top 50 ETF worth $6,342,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Pineridge Advisors LLC purchased a new position in Invesco S&P 500 Top 50 ETF during the 2nd quarter valued at $42,000. Concord Wealth Partners purchased a new stake in shares of Invesco S&P 500 Top 50 ETF in the 3rd quarter worth about $47,000. International Assets Investment Management LLC purchased a new stake in shares of Invesco S&P 500 Top 50 ETF in the 2nd quarter worth about $73,000. VitalStone Financial LLC grew its position in shares of Invesco S&P 500 Top 50 ETF by 21.7% in the 1st quarter. VitalStone Financial LLC now owns 1,789 shares of the company’s stock worth $75,000 after buying an additional 319 shares during the period. Finally, First Personal Financial Services bought a new position in Invesco S&P 500 Top 50 ETF in the 2nd quarter worth about $97,000.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of Invesco S&P 500 Top 50 ETF stock opened at $47.52 on Friday. The stock has a market cap of $4.63 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08. The firm’s 50-day moving average is $47.08 and its 200 day moving average is $45.27. Invesco S&P 500 Top 50 ETF has a 1 year low of $34.27 and a 1 year high of $48.81.

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.