Wealth Enhancement Advisory Services LLC Cuts Stock Holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

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

Other hedge funds also recently modified their holdings of the company. Integrated Wealth Concepts LLC boosted its position in shares of Invesco S&P 500 Top 50 ETF by 5.0% during the third quarter. Integrated Wealth Concepts LLC now owns 182,494 shares of the company’s stock valued at $8,674,000 after buying an additional 8,687 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in Invesco S&P 500 Top 50 ETF by 3.5% during the third quarter. JPMorgan Chase & Co. now owns 723,678 shares of the company’s stock worth $34,396,000 after acquiring an additional 24,527 shares during the period. Cetera Investment Advisers lifted its holdings in Invesco S&P 500 Top 50 ETF by 37.9% during the second quarter. Cetera Investment Advisers now owns 251,440 shares of the company’s stock worth $11,503,000 after acquiring an additional 69,107 shares during the period. Keystone Wealth Services LLC lifted its holdings in Invesco S&P 500 Top 50 ETF by 5.5% during the third quarter. Keystone Wealth Services LLC now owns 47,023 shares of the company’s stock worth $2,235,000 after acquiring an additional 2,457 shares during the period. Finally, Claro Advisors LLC bought a new stake in Invesco S&P 500 Top 50 ETF during the third quarter worth $422,000.

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

Shares of Invesco S&P 500 Top 50 ETF stock opened at $49.50 on Friday. The business’s fifty day simple moving average is $50.08 and its 200 day simple moving average is $47.72. The firm has a market capitalization of $4.83 billion, a P/E 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.

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.