AE Wealth Management LLC Has $6.59 Million Holdings in Invesco S&P 500 Top 50 ETF $XLG

AE Wealth Management LLC raised its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 71.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 126,429 shares of the company’s stock after buying an additional 52,645 shares during the quarter. AE Wealth Management LLC owned 0.07% of Invesco S&P 500 Top 50 ETF worth $6,587,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Metis Global Partners LLC raised its holdings in shares of Invesco S&P 500 Top 50 ETF by 312.1% during the second quarter. Metis Global Partners LLC now owns 22,838 shares of the company’s stock valued at $1,190,000 after acquiring an additional 17,296 shares during the period. Wedbush Securities Inc. grew its position in Invesco S&P 500 Top 50 ETF by 9.8% during the 2nd quarter. Wedbush Securities Inc. now owns 37,752 shares of the company’s stock worth $1,967,000 after purchasing an additional 3,381 shares in the last quarter. GPS Wealth Strategies Group LLC grew its position in Invesco S&P 500 Top 50 ETF by 7.9% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 1,333,341 shares of the company’s stock worth $69,467,000 after purchasing an additional 97,328 shares in the last quarter. Centennial Bank AR raised its stake in Invesco S&P 500 Top 50 ETF by 721.2% during the 2nd quarter. Centennial Bank AR now owns 100,600 shares of the company’s stock valued at $5,241,000 after purchasing an additional 88,350 shares during the period. Finally, Claro Advisors LLC lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 31.4% in the second quarter. Claro Advisors LLC now owns 29,413 shares of the company’s stock valued at $1,532,000 after purchasing an additional 7,032 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Stock Down 0.3%

Shares of Invesco S&P 500 Top 50 ETF stock opened at $58.45 on Monday. Invesco S&P 500 Top 50 ETF has a 12 month low of $39.50 and a 12 month high of $60.63. The stock has a market cap of $11.24 billion, a PE ratio of 27.80 and a beta of 1.03. The business has a fifty day simple moving average of $57.57 and a 200-day simple moving average of $53.45.

Invesco S&P 500 Top 50 ETF Company 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.