Jackson Wealth Management LLC Has $337,000 Stake in Invesco S&P 500 Top 50 ETF $XLG

Jackson Wealth Management LLC reduced its position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 96.2% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 5,503 shares of the company’s stock after selling 140,731 shares during the quarter. Jackson Wealth Management LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $337,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Great Diamond Partners LLC boosted its position in shares of Invesco S&P 500 Top 50 ETF by 1.0% during the 4th quarter. Great Diamond Partners LLC now owns 18,199 shares of the company’s stock worth $1,079,000 after acquiring an additional 175 shares in the last quarter. Horizon Wealth Management LLC increased its stake in shares of 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 purchasing an additional 180 shares during the last quarter. Compass Capital Corp MA ADV raised its holdings in shares of Invesco S&P 500 Top 50 ETF by 5.1% during the 4th quarter. Compass Capital Corp MA ADV now owns 3,877 shares of the company’s stock worth $227,000 after buying an additional 188 shares in the last quarter. Sequoia Financial Advisors LLC lifted its position in shares of Invesco S&P 500 Top 50 ETF by 0.9% during the 4th quarter. Sequoia Financial Advisors LLC now owns 23,191 shares of the company’s stock worth $1,375,000 after buying an additional 203 shares during the last quarter. Finally, Key Client Fiduciary Advisors LLC boosted its stake in Invesco S&P 500 Top 50 ETF by 1.5% in the second quarter. Key Client Fiduciary Advisors LLC now owns 13,549 shares of the company’s stock valued at $830,000 after buying an additional 205 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Trading Down 0.2%

Shares of NYSEARCA XLG opened at $62.49 on Tuesday. The company has a market cap of $10.90 billion, a price-to-earnings ratio of 27.80 and a beta of 1.06. Invesco S&P 500 Top 50 ETF has a 12 month low of $52.60 and a 12 month high of $64.77. The stock has a 50-day moving average price of $61.49 and a two-hundred day moving average price of $60.06.

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.