LWM Advisory Services LLC Sells 385 Shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

LWM Advisory Services LLC lowered its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLGFree Report) by 0.7% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 54,695 shares of the company’s stock after selling 385 shares during the quarter. Invesco S&P 500 Top 50 ETF accounts for about 2.1% of LWM Advisory Services LLC’s investment portfolio, making the stock its 14th largest position. LWM Advisory Services LLC owned about 0.06% of Invesco S&P 500 Top 50 ETF worth $2,502,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in XLG. Per Stirling Capital Management LLC. acquired a new stake in Invesco S&P 500 Top 50 ETF during the fourth quarter worth $1,133,000. Assetmark Inc. boosted its position in shares of Invesco S&P 500 Top 50 ETF by 77.6% during the 4th quarter. Assetmark Inc. now owns 2,581 shares of the company’s stock valued at $97,000 after acquiring an additional 1,128 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its stake in Invesco S&P 500 Top 50 ETF by 21.6% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 223,298 shares of the company’s stock valued at $8,423,000 after acquiring an additional 39,663 shares during the period. Connectus Wealth LLC bought a new stake in Invesco S&P 500 Top 50 ETF in the fourth quarter valued at about $4,077,000. Finally, Janney Montgomery Scott LLC raised its position in Invesco S&P 500 Top 50 ETF by 66.3% in the fourth quarter. Janney Montgomery Scott LLC now owns 131,680 shares of the company’s stock worth $4,967,000 after purchasing an additional 52,490 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Stock Up 1.0 %

Shares of XLG opened at $46.32 on Friday. The company has a 50-day moving average price of $45.69 and a two-hundred day moving average price of $43.79. The stock has a market cap of $4.52 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a 12 month low of $32.74 and a 12 month high of $47.99.

Invesco S&P 500 Top 50 ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

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