Wealth Enhancement Advisory Services LLC Sells 2,401 Shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Wealth Enhancement Advisory Services LLC reduced its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 0.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 772,311 shares of the company’s stock after selling 2,401 shares during the quarter. Wealth Enhancement Advisory Services LLC owned 0.79% of Invesco S&P 500 Top 50 ETF worth $36,708,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of XLG. LPL Financial LLC lifted its position in shares of Invesco S&P 500 Top 50 ETF by 10.2% during the 3rd quarter. LPL Financial LLC now owns 7,979,467 shares of the company’s stock worth $379,264,000 after buying an additional 741,770 shares during the last quarter. Thrivent Financial for Lutherans raised its position in Invesco S&P 500 Top 50 ETF by 868.3% in the second quarter. Thrivent Financial for Lutherans now owns 664,259 shares of the company’s stock valued at $30,389,000 after purchasing an additional 595,661 shares during the last quarter. Core Wealth Advisors Inc. bought a new position in Invesco S&P 500 Top 50 ETF in the second quarter valued at about $17,484,000. Raymond James & Associates raised its position in Invesco S&P 500 Top 50 ETF by 69.7% in the third quarter. Raymond James & Associates now owns 816,880 shares of the company’s stock valued at $38,826,000 after purchasing an additional 335,532 shares during the last quarter. Finally, HighTower Advisors LLC raised its position in Invesco S&P 500 Top 50 ETF by 27.7% in the third quarter. HighTower Advisors LLC now owns 925,321 shares of the company’s stock valued at $43,982,000 after purchasing an additional 200,879 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Trading Down 1.5 %

Invesco S&P 500 Top 50 ETF stock opened at $49.50 on Friday. The company has a market capitalization of $4.83 billion, a PE ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a 12 month low of $37.67 and a 12 month high of $51.76. The stock has a 50-day moving average price of $50.08 and a two-hundred day moving average price of $47.72.

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.