Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) Shares Purchased by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans boosted its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 3.4% in the 4th quarter, HoldingsChannel reports. The fund owned 837,756 shares of the company’s stock after acquiring an additional 27,278 shares during the period. Thrivent Financial for Lutherans’ holdings in Invesco S&P 500 Top 50 ETF were worth $41,836,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. LPL Financial LLC grew its stake in shares of Invesco S&P 500 Top 50 ETF by 10.2% during the third quarter. LPL Financial LLC now owns 7,979,467 shares of the company’s stock worth $379,264,000 after purchasing an additional 741,770 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of Invesco S&P 500 Top 50 ETF during the 4th quarter worth about $112,591,000. GPS Wealth Strategies Group LLC increased its holdings in shares of Invesco S&P 500 Top 50 ETF by 8.2% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 1,174,985 shares of the company’s stock valued at $58,702,000 after acquiring an additional 89,392 shares during the last quarter. Principle Wealth Partners LLC raised its position in shares of Invesco S&P 500 Top 50 ETF by 11.4% during the 4th quarter. Principle Wealth Partners LLC now owns 1,092,153 shares of the company’s stock worth $54,564,000 after acquiring an additional 112,147 shares in the last quarter. Finally, HighTower Advisors LLC lifted its stake in Invesco S&P 500 Top 50 ETF by 2.8% during the fourth quarter. HighTower Advisors LLC now owns 951,487 shares of the company’s stock worth $47,536,000 after purchasing an additional 26,166 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Stock Up 1.2 %

Shares of Invesco S&P 500 Top 50 ETF stock opened at $46.75 on Thursday. Invesco S&P 500 Top 50 ETF has a 52 week low of $39.75 and a 52 week high of $51.80. The firm’s 50 day moving average is $49.73 and its two-hundred day moving average is $49.04. The firm has a market capitalization of $8.18 billion, a P/E ratio of 26.40 and a beta of 1.01.

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.