Creative Planning Has $1.83 Million Holdings in Invesco S&P 500 Top 50 ETF $XLG

Creative Planning lifted its stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 6.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 35,057 shares of the company’s stock after acquiring an additional 2,095 shares during the period. Creative Planning’s holdings in Invesco S&P 500 Top 50 ETF were worth $1,826,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Invesco Ltd. boosted its holdings in Invesco S&P 500 Top 50 ETF by 212.9% in the 1st quarter. Invesco Ltd. now owns 3,363,435 shares of the company’s stock valued at $154,785,000 after purchasing an additional 2,288,508 shares during the period. Principle Wealth Partners LLC raised its position in shares of Invesco S&P 500 Top 50 ETF by 85.0% during the second quarter. Principle Wealth Partners LLC now owns 2,682,223 shares of the company’s stock valued at $139,744,000 after buying an additional 1,232,337 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in shares of Invesco S&P 500 Top 50 ETF by 2.6% in the second quarter. Bank of New York Mellon Corp now owns 2,464,075 shares of the company’s stock valued at $128,378,000 after buying an additional 61,706 shares during the period. Raymond James Financial Inc. lifted its stake in shares of Invesco S&P 500 Top 50 ETF by 1.1% in the first quarter. Raymond James Financial Inc. now owns 2,279,275 shares of the company’s stock valued at $104,892,000 after buying an additional 25,649 shares during the period. Finally, Envestnet Asset Management Inc. grew its position in Invesco S&P 500 Top 50 ETF by 8.4% during the second quarter. Envestnet Asset Management Inc. now owns 1,767,771 shares of the company’s stock worth $92,100,000 after buying an additional 136,418 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Stock Up 0.6%

Shares of XLG opened at $59.30 on Thursday. The stock’s 50-day moving average price is $58.25 and its 200 day moving average price is $54.53. The firm has a market capitalization of $11.40 billion, a price-to-earnings ratio of 27.80 and a beta of 1.03. Invesco S&P 500 Top 50 ETF has a 12-month low of $39.50 and a 12-month high of $60.63.

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.