Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) Shares Bought by Farther Finance Advisors LLC

Farther Finance Advisors LLC boosted its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 51.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 255,644 shares of the company’s stock after buying an additional 86,855 shares during the quarter. Farther Finance Advisors LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $11,821,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently bought and sold shares of XLG. Demars Financial Group LLC lifted its position in Invesco S&P 500 Top 50 ETF by 5,930.2% during the 4th quarter. Demars Financial Group LLC now owns 28,403,144 shares of the company’s stock worth $1,419,021,000 after acquiring an additional 27,932,132 shares in the last quarter. LPL Financial LLC grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 22.5% during the fourth quarter. LPL Financial LLC now owns 9,775,057 shares of the company’s stock valued at $488,362,000 after buying an additional 1,795,590 shares in the last quarter. Wells Fargo & Company MN raised its holdings in shares of Invesco S&P 500 Top 50 ETF by 11.0% during the fourth quarter. Wells Fargo & Company MN now owns 3,425,397 shares of the company’s stock worth $171,133,000 after acquiring an additional 339,940 shares in the last quarter. Ameriprise Financial Inc. increased its stake in shares of Invesco S&P 500 Top 50 ETF by 1.1% during the 4th quarter. Ameriprise Financial Inc. now owns 2,701,621 shares of the company’s stock worth $134,972,000 after purchasing an additional 29,332 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in Invesco S&P 500 Top 50 ETF during the fourth quarter worth approximately $112,591,000.

Invesco S&P 500 Top 50 ETF Trading Up 1.1%

Shares of Invesco S&P 500 Top 50 ETF stock opened at $50.14 on Monday. Invesco S&P 500 Top 50 ETF has a 1 year low of $39.50 and a 1 year high of $51.80. The company’s fifty day simple moving average is $46.38 and its 200-day simple moving average is $48.56. The company has a market cap of $9.03 billion, a price-to-earnings ratio of 26.13 and a beta of 1.05.

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.