Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) Shares Sold by Hutchens & Kramer Investment Management Group LLC

Hutchens & Kramer Investment Management Group LLC cut its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 3.7% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 66,714 shares of the company’s stock after selling 2,560 shares during the period. Invesco S&P 500 Top 50 ETF makes up approximately 1.8% of Hutchens & Kramer Investment Management Group LLC’s holdings, making the stock its 12th largest holding. Hutchens & Kramer Investment Management Group LLC owned about 0.07% of Invesco S&P 500 Top 50 ETF worth $3,333,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Bank of Montreal Can raised its position in shares of Invesco S&P 500 Top 50 ETF by 4.4% in the 2nd quarter. Bank of Montreal Can now owns 57,019 shares of the company’s stock valued at $2,618,000 after purchasing an additional 2,425 shares in the last quarter. Creative Planning raised its position in shares of Invesco S&P 500 Top 50 ETF by 104.5% in the 2nd quarter. Creative Planning now owns 29,007 shares of the company’s stock valued at $1,327,000 after purchasing an additional 14,820 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Invesco S&P 500 Top 50 ETF by 30.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 358,964 shares of the company’s stock valued at $16,423,000 after purchasing an additional 84,243 shares in the last quarter. NewEdge Advisors LLC raised its position in shares of Invesco S&P 500 Top 50 ETF by 3.8% in the 2nd quarter. NewEdge Advisors LLC now owns 100,248 shares of the company’s stock valued at $4,586,000 after purchasing an additional 3,700 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. acquired a new position in shares of Invesco S&P 500 Top 50 ETF in the 2nd quarter valued at approximately $289,000.

Invesco S&P 500 Top 50 ETF Trading Down 2.2 %

XLG stock opened at $50.34 on Tuesday. The firm has a market cap of $4.91 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 $38.82 and a 12-month high of $51.80. The stock’s 50 day simple moving average is $50.36 and its 200 day simple moving average is $48.00.

Invesco S&P 500 Top 50 ETF 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.