Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) Shares Acquired by Principle Wealth Partners LLC

Principle Wealth Partners LLC boosted its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 123.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 441,567 shares of the company’s stock after purchasing an additional 243,554 shares during the period. Invesco S&P 500 Top 50 ETF makes up approximately 1.4% of Principle Wealth Partners LLC’s holdings, making the stock its 15th biggest position. Principle Wealth Partners LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $16,656,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. LPL Financial LLC increased its stake in Invesco S&P 500 Top 50 ETF by 1,154.0% in the 3rd quarter. LPL Financial LLC now owns 4,598,014 shares of the company’s stock valued at $156,149,000 after buying an additional 4,231,355 shares during the period. Ameriprise Financial Inc. grew its position in Invesco S&P 500 Top 50 ETF by 2,249.1% in the third quarter. Ameriprise Financial Inc. now owns 1,918,023 shares of the company’s stock worth $65,132,000 after acquiring an additional 1,836,373 shares in the last quarter. Wilbanks Smith & Thomas Asset Management LLC grew its position in Invesco S&P 500 Top 50 ETF by 897.9% in the third quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 1,577,870 shares of the company’s stock worth $53,584,000 after acquiring an additional 1,419,748 shares in the last quarter. UBS Group AG grew its position in Invesco S&P 500 Top 50 ETF by 899.0% in the third quarter. UBS Group AG now owns 1,522,981 shares of the company’s stock worth $51,720,000 after acquiring an additional 1,370,533 shares in the last quarter. Finally, One Capital Management LLC grew its position in Invesco S&P 500 Top 50 ETF by 936.2% in the third quarter. One Capital Management LLC now owns 1,074,824 shares of the company’s stock worth $36,501,000 after acquiring an additional 971,096 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Stock Up 1.6 %

XLG stock traded up $0.65 during trading hours on Friday, hitting $41.18. The company’s stock had a trading volume of 939,611 shares, compared to its average volume of 1,161,825. The company has a market capitalization of $4.05 billion, a PE ratio of 2.95 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a 12 month low of $31.07 and a 12 month high of $42.53. The stock has a 50 day moving average price of $41.40 and a two-hundred day moving average price of $38.60.

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.