Centennial Bank AR lessened its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 47.8% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 53,750 shares of the company’s stock after selling 49,225 shares during the quarter. Invesco S&P 500 Top 50 ETF makes up 1.3% of Centennial Bank AR’s portfolio, making the stock its 22nd largest holding. Centennial Bank AR’s holdings in Invesco S&P 500 Top 50 ETF were worth $3,186,000 at the end of the most recent quarter.
A number of other institutional investors have also modified their holdings of XLG. JPMorgan Chase & Co. grew its position in shares of Invesco S&P 500 Top 50 ETF by 53.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,786,602 shares of the company’s stock valued at $217,805,000 after buying an additional 1,321,856 shares during the last quarter. Osaic Holdings Inc. boosted its stake in Invesco S&P 500 Top 50 ETF by 66.1% during the 4th quarter. Osaic Holdings Inc. now owns 2,838,230 shares of the company’s stock valued at $168,251,000 after purchasing an additional 1,129,519 shares during the period. LPL Financial LLC boosted its stake in Invesco S&P 500 Top 50 ETF by 8.0% during the 4th quarter. LPL Financial LLC now owns 11,554,356 shares of the company’s stock valued at $684,942,000 after purchasing an additional 856,661 shares during the period. Ameriprise Financial Inc. boosted its stake in Invesco S&P 500 Top 50 ETF by 46.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,296,020 shares of the company’s stock valued at $132,108,000 after purchasing an additional 729,356 shares during the period. Finally, Raymond James Financial Inc. boosted its stake in Invesco S&P 500 Top 50 ETF by 25.8% during the 2nd quarter. Raymond James Financial Inc. now owns 2,867,532 shares of the company’s stock valued at $149,398,000 after purchasing an additional 588,257 shares during the period.
Invesco S&P 500 Top 50 ETF Stock Down 1.6%
Invesco S&P 500 Top 50 ETF stock opened at $61.21 on Thursday. The firm has a 50-day moving average price of $61.56 and a two-hundred day moving average price of $59.17. The firm has a market capitalization of $10.78 billion, a price-to-earnings ratio of 27.80 and a beta of 1.05. Invesco S&P 500 Top 50 ETF has a 52-week low of $49.68 and a 52-week high of $64.77.
Invesco S&P 500 Top 50 ETF Company 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.
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