LPL Financial LLC Increases Stock Position in Invesco S&P 500 Top 50 ETF $XLG

LPL Financial LLC boosted its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 8.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,554,356 shares of the company’s stock after buying an additional 856,661 shares during the quarter. LPL Financial LLC owned 5.94% of Invesco S&P 500 Top 50 ETF worth $684,942,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Curtis Advisory Group LLC grew its position in Invesco S&P 500 Top 50 ETF by 0.5% in the 3rd quarter. Curtis Advisory Group LLC now owns 35,966 shares of the company’s stock valued at $2,069,000 after acquiring an additional 171 shares in the last quarter. Great Diamond Partners LLC grew its position in Invesco S&P 500 Top 50 ETF by 1.0% in the 4th quarter. Great Diamond Partners LLC now owns 18,199 shares of the company’s stock valued at $1,079,000 after acquiring an additional 175 shares in the last quarter. Rothschild Investment LLC grew its position in Invesco S&P 500 Top 50 ETF by 18.0% in the 3rd quarter. Rothschild Investment LLC now owns 1,180 shares of the company’s stock valued at $68,000 after acquiring an additional 180 shares in the last quarter. Diversified Enterprises LLC grew its position in Invesco S&P 500 Top 50 ETF by 0.5% in the 4th quarter. Diversified Enterprises LLC now owns 33,492 shares of the company’s stock valued at $1,985,000 after acquiring an additional 180 shares in the last quarter. Finally, Horizon Wealth Management LLC grew its position in Invesco S&P 500 Top 50 ETF by 1.0% in the 4th quarter. Horizon Wealth Management LLC now owns 19,032 shares of the company’s stock valued at $1,128,000 after acquiring an additional 180 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Price Performance

NYSEARCA XLG opened at $62.21 on Monday. The company has a market cap of $10.96 billion, a P/E ratio of 27.80 and a beta of 1.05. The stock has a 50-day moving average of $60.38 and a two-hundred day moving average of $58.98. Invesco S&P 500 Top 50 ETF has a 1-year low of $49.68 and a 1-year high of $64.77.

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.