Avior Wealth Management LLC Has $1.55 Million Stock Position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Avior Wealth Management LLC lowered its stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 3.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 31,076 shares of the company’s stock after selling 1,201 shares during the quarter. Avior Wealth Management LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $1,548,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Janney Montgomery Scott LLC lifted its position in Invesco S&P 500 Top 50 ETF by 13.8% in the 4th quarter. Janney Montgomery Scott LLC now owns 50,551 shares of the company’s stock valued at $2,526,000 after acquiring an additional 6,133 shares in the last quarter. Commons Capital LLC acquired a new stake in shares of Invesco S&P 500 Top 50 ETF in the 4th quarter valued at about $1,102,000. Segment Wealth Management LLC lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 1.4% in the fourth quarter. Segment Wealth Management LLC now owns 300,905 shares of the company’s stock valued at $15,033,000 after purchasing an additional 4,265 shares in the last quarter. Lee Johnson Capital Management LLC boosted its position in shares of Invesco S&P 500 Top 50 ETF by 2.1% during the fourth quarter. Lee Johnson Capital Management LLC now owns 72,076 shares of the company’s stock worth $3,601,000 after buying an additional 1,449 shares during the period. Finally, RiverTree Advisors LLC grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 1,049.3% during the fourth quarter. RiverTree Advisors LLC now owns 83,805 shares of the company’s stock worth $4,187,000 after buying an additional 76,513 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Stock Performance

NYSEARCA XLG opened at $51.63 on Friday. Invesco S&P 500 Top 50 ETF has a 52 week low of $38.82 and a 52 week high of $51.76. The stock’s 50 day moving average price is $50.26 and its two-hundred day moving average price is $47.94. The stock has a market capitalization of $5.03 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08.

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.