Wealth Enhancement Advisory Services LLC Lowers Stock Holdings in Invesco S&P 500 Top 50 ETF $XLG

Wealth Enhancement Advisory Services LLC reduced its position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 0.7% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 2,412,194 shares of the company’s stock after selling 16,075 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $139,377,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Jane Street Group LLC increased its stake in Invesco S&P 500 Top 50 ETF by 444.6% during the 1st quarter. Jane Street Group LLC now owns 182,870 shares of the company’s stock worth $8,416,000 after buying an additional 149,290 shares during the period. Sovran Advisors LLC purchased a new position in Invesco S&P 500 Top 50 ETF in the 2nd quarter valued at approximately $222,000. Wedmont Private Capital grew its stake in shares of Invesco S&P 500 Top 50 ETF by 12.1% in the second quarter. Wedmont Private Capital now owns 9,641 shares of the company’s stock worth $506,000 after acquiring an additional 1,044 shares in the last quarter. Physician Wealth Advisors Inc. increased its position in shares of Invesco S&P 500 Top 50 ETF by 53.3% during the second quarter. Physician Wealth Advisors Inc. now owns 185,500 shares of the company’s stock worth $9,665,000 after acquiring an additional 64,499 shares during the period. Finally, Sowell Financial Services LLC increased its position in shares of Invesco S&P 500 Top 50 ETF by 9.4% during the second quarter. Sowell Financial Services LLC now owns 58,581 shares of the company’s stock worth $3,052,000 after acquiring an additional 5,026 shares during the period.

Invesco S&P 500 Top 50 ETF Price Performance

XLG opened at $58.85 on Monday. The business has a fifty day moving average price of $59.15 and a 200 day moving average price of $57.01. Invesco S&P 500 Top 50 ETF has a 12 month low of $39.50 and a 12 month high of $60.63. The stock has a market capitalization of $11.52 billion, a price-to-earnings ratio of 27.80 and a beta of 1.03.

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. 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.