Principle Wealth Partners LLC Has $146.25 Million Position in Invesco S&P 500 Top 50 ETF $XLG

Principle Wealth Partners LLC decreased its position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 10.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,467,017 shares of the company’s stock after selling 274,284 shares during the quarter. Invesco S&P 500 Top 50 ETF makes up approximately 8.2% of Principle Wealth Partners LLC’s portfolio, making the stock its largest position. Principle Wealth Partners LLC owned about 1.27% of Invesco S&P 500 Top 50 ETF worth $146,245,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in XLG. Jane Street Group LLC grew its position in Invesco S&P 500 Top 50 ETF by 444.6% during the first quarter. Jane Street Group LLC now owns 182,870 shares of the company’s stock valued at $8,416,000 after buying an additional 149,290 shares during the period. Russell Investments Group Ltd. grew its position in Invesco S&P 500 Top 50 ETF by 151.8% during the second quarter. Russell Investments Group Ltd. now owns 1,536 shares of the company’s stock valued at $80,000 after buying an additional 926 shares during the period. Marshall Wace LLP bought a new position in Invesco S&P 500 Top 50 ETF during the second quarter valued at about $7,118,000. Qube Research & Technologies Ltd grew its position in Invesco S&P 500 Top 50 ETF by 230.7% during the second quarter. Qube Research & Technologies Ltd now owns 9,629 shares of the company’s stock valued at $502,000 after buying an additional 6,717 shares during the period. Finally, Main Street Financial Solutions LLC boosted its position in Invesco S&P 500 Top 50 ETF by 98.2% during the second quarter. Main Street Financial Solutions LLC now owns 13,896 shares of the company’s stock worth $724,000 after purchasing an additional 6,886 shares during the period.

Invesco S&P 500 Top 50 ETF Stock Up 0.1%

Shares of NYSEARCA:XLG opened at $63.56 on Friday. The firm has a market capitalization of $11.19 billion, a PE ratio of 27.80 and a beta of 1.05. Invesco S&P 500 Top 50 ETF has a twelve month low of $47.93 and a twelve month high of $64.33. The company has a 50-day moving average price of $58.71 and a two-hundred day moving average price of $58.65.

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. 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.