Invesco S&P 500 Top 50 ETF $XLG Shares Sold by Avestar Capital LLC

Avestar Capital LLC trimmed its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 7.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 194,989 shares of the company’s stock after selling 15,229 shares during the quarter. Invesco S&P 500 Top 50 ETF comprises 0.7% of Avestar Capital LLC’s holdings, making the stock its 21st biggest position. Avestar Capital LLC owned about 0.10% of Invesco S&P 500 Top 50 ETF worth $11,216,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in XLG. Soundwatch Capital LLC bought a new stake in shares of Invesco S&P 500 Top 50 ETF during the 2nd quarter worth $1,790,000. JPMorgan Chase & Co. grew its position in 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 worth $217,805,000 after purchasing an additional 1,321,856 shares in the last quarter. Principle Wealth Partners LLC grew its position in Invesco S&P 500 Top 50 ETF by 85.0% during the 2nd quarter. Principle Wealth Partners LLC now owns 2,682,223 shares of the company’s stock worth $139,744,000 after purchasing an additional 1,232,337 shares in the last quarter. CW Advisors LLC raised its stake in Invesco S&P 500 Top 50 ETF by 1,645.5% during the 2nd quarter. CW Advisors LLC now owns 719,865 shares of the company’s stock valued at $37,505,000 after purchasing an additional 678,624 shares during the period. Finally, Raymond James Financial Inc. lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 25.8% in the second 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 in the last quarter.

Invesco S&P 500 Top 50 ETF Stock Up 0.5%

Shares of Invesco S&P 500 Top 50 ETF stock opened at $57.33 on Thursday. 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 cap of $11.15 billion, a PE ratio of 27.80 and a beta of 1.03. The business has a fifty day simple moving average of $58.80 and a 200-day simple moving average of $57.82.

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.