Demars Financial Group LLC Has $42.28 Million Position in Invesco S&P 500 Top 50 ETF $XLG

Demars Financial Group LLC lowered its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 2.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 775,044 shares of the company’s stock after selling 20,054 shares during the period. Invesco S&P 500 Top 50 ETF comprises 13.9% of Demars Financial Group LLC’s holdings, making the stock its 2nd biggest holding. Demars Financial Group LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $42,279,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Osaic Holdings Inc. lifted its position in shares of 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 acquiring an additional 1,129,519 shares during the last quarter. LPL Financial LLC grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 8.0% in the 4th quarter. LPL Financial LLC now owns 11,554,356 shares of the company’s stock worth $684,942,000 after acquiring an additional 856,661 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 46.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,296,020 shares of the company’s stock worth $132,108,000 after acquiring an additional 729,356 shares during the last quarter. Raymond James Financial Inc. grew its holdings 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 acquiring an additional 588,257 shares during the last quarter. Finally, Brown Advisory Inc. raised its position in shares of Invesco S&P 500 Top 50 ETF by 1,359.5% during the fourth quarter. Brown Advisory Inc. now owns 560,799 shares of the company’s stock worth $33,244,000 after purchasing an additional 522,375 shares during the period.

Invesco S&P 500 Top 50 ETF Stock Up 0.0%

Shares of NYSEARCA XLG opened at $61.09 on Thursday. The business has a fifty day simple moving average of $62.15 and a 200-day simple moving average of $59.33. The company has a market cap of $10.69 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 $52.27 and a 12 month 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.