LGT Financial Advisors LLC Boosts Stock Holdings in Invesco S&P 500 Top 50 ETF $XLG

LGT Financial Advisors LLC grew its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 248.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 791 shares of the company’s stock after purchasing an additional 564 shares during the period. LGT Financial Advisors LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $41,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of XLG. LPL Financial LLC raised its holdings in Invesco S&P 500 Top 50 ETF by 8.7% during the 1st quarter. LPL Financial LLC now owns 10,622,082 shares of the company’s stock valued at $488,828,000 after acquiring an additional 847,025 shares during the period. Invesco Ltd. grew its position in shares of Invesco S&P 500 Top 50 ETF by 212.9% in the first 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 in the last quarter. Bank of New York Mellon Corp bought a new stake in shares of Invesco S&P 500 Top 50 ETF during the 1st quarter valued at $110,557,000. Raymond James Financial Inc. lifted its holdings in Invesco S&P 500 Top 50 ETF by 1.1% during the 1st quarter. Raymond James Financial Inc. now owns 2,279,275 shares of the company’s stock worth $104,892,000 after purchasing an additional 25,649 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in Invesco S&P 500 Top 50 ETF by 225.9% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,720,414 shares of the company’s stock worth $79,173,000 after purchasing an additional 1,192,557 shares during the period.

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

XLG stock opened at $58.19 on Tuesday. The stock has a 50-day simple moving average of $56.37 and a two-hundred day simple moving average of $51.83. Invesco S&P 500 Top 50 ETF has a twelve month low of $39.50 and a twelve month high of $58.48. The firm has a market capitalization of $11.18 billion, a PE ratio of 27.80 and a beta of 1.00.

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.