Fisher Asset Management LLC Has $221.84 Million Holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Fisher Asset Management LLC lessened its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 3.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 5,881,124 shares of the company’s stock after selling 185,673 shares during the quarter. Fisher Asset Management LLC owned approximately 8.56% of Invesco S&P 500 Top 50 ETF worth $221,836,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of XLG. Tower Research Capital LLC TRC acquired a new stake in shares of Invesco S&P 500 Top 50 ETF in the 4th quarter valued at approximately $26,000. Voisard Asset Management Group Inc. bought a new stake in shares of Invesco S&P 500 Top 50 ETF in the 4th quarter valued at $28,000. Financial Gravity Asset Management Inc. raised its stake in Invesco S&P 500 Top 50 ETF by 172.9% during the 3rd quarter. Financial Gravity Asset Management Inc. now owns 955 shares of the company’s stock worth $32,000 after buying an additional 605 shares during the period. Headinvest LLC bought a new position in Invesco S&P 500 Top 50 ETF during the third quarter worth about $36,000. Finally, BKM Wealth Management LLC acquired a new position in Invesco S&P 500 Top 50 ETF in the fourth quarter valued at about $46,000.

Invesco S&P 500 Top 50 ETF Stock Up 0.3 %

Shares of NYSEARCA:XLG traded up $0.15 during midday trading on Friday, reaching $45.70. 1,805,687 shares of the company were exchanged, compared to its average volume of 1,237,980. The firm has a market cap of $4.46 billion, a PE ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $32.74 and a fifty-two week high of $45.70. The stock has a fifty day simple moving average of $42.51 and a two-hundred day simple moving average of $40.60.

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.