Quantinno Capital Management LP Has $948,000 Holdings in Invesco S&P 500 Top 50 ETF $XLG

Quantinno Capital Management LP cut its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 49.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 17,384 shares of the company’s stock after selling 17,271 shares during the period. Quantinno Capital Management LP’s holdings in Invesco S&P 500 Top 50 ETF were worth $948,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Gateway Wealth Partners LLC acquired a new stake in shares of Invesco S&P 500 Top 50 ETF during the first quarter worth about $3,234,000. Compound Planning Inc. acquired a new stake in Invesco S&P 500 Top 50 ETF during the 1st quarter worth approximately $225,000. Modern Wealth Management LLC acquired a new stake in Invesco S&P 500 Top 50 ETF during the 1st quarter worth approximately $1,475,000. Lido Advisors LLC lifted its stake in Invesco S&P 500 Top 50 ETF by 6.2% in the first quarter. Lido Advisors LLC now owns 1,327,458 shares of the company’s stock valued at $72,413,000 after buying an additional 77,171 shares in the last quarter. Finally, Goepper Burkhardt LLC acquired a new position in shares of Invesco S&P 500 Top 50 ETF in the first quarter valued at approximately $296,000.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of XLG stock opened at $63.11 on Monday. Invesco S&P 500 Top 50 ETF has a 12-month low of $52.60 and a 12-month high of $64.77. The firm has a fifty day moving average of $61.34 and a 200-day moving average of $59.78. The company has a market capitalization of $11.01 billion, a price-to-earnings ratio of 27.80 and a beta of 1.06.

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. 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.