Nwam LLC cut its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 52.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,273 shares of the company’s stock after selling 16,689 shares during the period. Nwam LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $901,000 as of its most recent SEC filing.
Several other large investors also recently modified their holdings of XLG. JPMorgan Chase & Co. grew its stake in shares of Invesco S&P 500 Top 50 ETF by 53.6% during the third quarter. JPMorgan Chase & Co. now owns 3,786,602 shares of the company’s stock valued at $217,805,000 after acquiring an additional 1,321,856 shares in the last quarter. Ameriprise Financial Inc. grew its stake in shares of Invesco S&P 500 Top 50 ETF by 46.6% during the third quarter. Ameriprise Financial Inc. now owns 2,296,020 shares of the company’s stock valued at $132,108,000 after acquiring an additional 729,356 shares in the last quarter. Raymond James Financial Inc. increased its position in shares of Invesco S&P 500 Top 50 ETF by 25.8% in the 2nd quarter. Raymond James Financial Inc. now owns 2,867,532 shares of the company’s stock worth $149,398,000 after purchasing an additional 588,257 shares during the last quarter. Advocacy Wealth Management LLC increased its position in shares of Invesco S&P 500 Top 50 ETF by 56.6% in the 3rd quarter. Advocacy Wealth Management LLC now owns 1,094,754 shares of the company’s stock worth $62,970,000 after purchasing an additional 395,581 shares during the last quarter. Finally, Johnson Financial Group Inc. increased its position in shares of Invesco S&P 500 Top 50 ETF by 17.5% in the 3rd quarter. Johnson Financial Group Inc. now owns 2,045,865 shares of the company’s stock worth $117,678,000 after purchasing an additional 304,958 shares during the last quarter.
Invesco S&P 500 Top 50 ETF Stock Performance
XLG opened at $62.85 on Tuesday. The company has a 50-day moving average of $57.56 and a 200-day moving average of $58.38. The company has a market capitalization of $11.07 billion, a P/E ratio of 27.80 and a beta of 1.05. Invesco S&P 500 Top 50 ETF has a 1-year low of $47.81 and a 1-year high of $63.07.
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.
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