Invesco S&P 500 Top 50 ETF $XLG Shares Sold by Ameritas Advisory Services LLC

Ameritas Advisory Services LLC trimmed its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 41.5% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 29,672 shares of the company’s stock after selling 21,078 shares during the quarter. Ameritas Advisory Services LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $1,707,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Soundwatch Capital LLC bought a new position in shares of Invesco S&P 500 Top 50 ETF during the second quarter worth about $1,790,000. Principle Wealth Partners LLC increased its holdings in shares of Invesco S&P 500 Top 50 ETF by 85.0% in the 2nd quarter. Principle Wealth Partners LLC now owns 2,682,223 shares of the company’s stock worth $139,744,000 after acquiring an additional 1,232,337 shares during the period. CW Advisors LLC raised its stake in Invesco S&P 500 Top 50 ETF by 1,645.5% during the 2nd quarter. CW Advisors LLC now owns 719,865 shares of the company’s stock valued at $37,505,000 after acquiring an additional 678,624 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Invesco S&P 500 Top 50 ETF by 32.0% in the second quarter. JPMorgan Chase & Co. now owns 2,464,746 shares of the company’s stock valued at $128,413,000 after acquiring an additional 597,737 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 25.8% in the second quarter. Raymond James Financial Inc. now owns 2,867,532 shares of the company’s stock valued at $149,398,000 after buying an additional 588,257 shares during the period.

Invesco S&P 500 Top 50 ETF Stock Down 0.7%

Shares of XLG stock opened at $56.86 on Friday. The stock has a 50-day simple moving average of $58.95 and a 200 day simple moving average of $57.71. The stock has a market capitalization of $11.06 billion, a P/E ratio of 27.80 and a beta of 1.03. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $39.50 and a fifty-two week 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. The Russell 3000 Index is an unmanaged capitalization-weighted index that offers investors access to the United States equity universe representing approximately 98% of the United States equity market.