Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) Shares Purchased by LPL Financial LLC

LPL Financial LLC raised its stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 10.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,979,467 shares of the company’s stock after buying an additional 741,770 shares during the quarter. LPL Financial LLC owned about 8.18% of Invesco S&P 500 Top 50 ETF worth $379,264,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. CreativeOne Wealth LLC purchased a new stake in shares of Invesco S&P 500 Top 50 ETF during the first quarter worth approximately $561,000. EP Wealth Advisors LLC lifted its position in Invesco S&P 500 Top 50 ETF by 182.1% during the 1st quarter. EP Wealth Advisors LLC now owns 11,766 shares of the company’s stock worth $496,000 after acquiring an additional 7,595 shares during the period. Axxcess Wealth Management LLC purchased a new position in Invesco S&P 500 Top 50 ETF during the 1st quarter worth $224,000. Waverly Advisors LLC acquired a new stake in Invesco S&P 500 Top 50 ETF in the first quarter valued at about $8,478,000. Finally, Comerica Bank boosted its stake in shares of Invesco S&P 500 Top 50 ETF by 61.2% in the first quarter. Comerica Bank now owns 19,973 shares of the company’s stock valued at $841,000 after buying an additional 7,586 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Trading Down 0.1 %

Shares of XLG opened at $49.14 on Thursday. The firm’s 50-day moving average is $47.95 and its two-hundred day moving average is $46.05. The firm has a market capitalization of $4.79 billion, a P/E ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a twelve month low of $36.06 and a twelve month high of $49.92.

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.