Commonwealth Equity Services LLC Acquires 302,454 Shares of Invesco S&P 500 Top 50 ETF $XLG

Commonwealth Equity Services LLC acquired a new stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) in the third quarter, HoldingsChannel.com reports. The firm acquired 302,454 shares of the company’s stock, valued at approximately $19,239,000.

Other institutional investors also recently bought and sold shares of the company. Johnson Financial Group Inc. increased its position in shares of Invesco S&P 500 Top 50 ETF by 2.7% during the 1st quarter. Johnson Financial Group Inc. now owns 2,071,676 shares of the company’s stock valued at $113,010,000 after purchasing an additional 53,884 shares during the last quarter. Lido Advisors LLC boosted its holdings in shares of Invesco S&P 500 Top 50 ETF by 6.2% in the first quarter. Lido Advisors LLC now owns 1,327,458 shares of the company’s stock worth $72,413,000 after buying an additional 77,171 shares during the last quarter. Demars Financial Group LLC grew its position in Invesco S&P 500 Top 50 ETF by 3.6% during the third quarter. Demars Financial Group LLC now owns 804,452 shares of the company’s stock valued at $51,171,000 after buying an additional 28,031 shares during the period. Quattro Financial Advisors LLC increased its holdings in Invesco S&P 500 Top 50 ETF by 42.8% during the third quarter. Quattro Financial Advisors LLC now owns 482,543 shares of the company’s stock valued at $30,695,000 after buying an additional 144,683 shares during the last quarter. Finally, Polaris Financial Partners purchased a new stake in Invesco S&P 500 Top 50 ETF during the third quarter valued at approximately $21,423,000.

Invesco S&P 500 Top 50 ETF Trading Down 0.6%

XLG opened at $60.62 on Wednesday. The firm’s 50 day simple moving average is $63.07 and its two-hundred day simple moving average is $60.74. The company has a market capitalization of $11.35 billion, a PE ratio of 27.80 and a beta of 1.06. Invesco S&P 500 Top 50 ETF has a 1-year low of $52.60 and a 1-year high of $65.26.

Invesco S&P 500 Top 50 ETF Profile

Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) is an exchange-traded fund managed by Invesco Ltd. The fund seeks to provide investment results that generally correspond to the performance of the S&P 500 Top 50 Index, which is designed to track the 50 largest companies in the S&P 500 Index. XLG provides focused exposure to large-cap U.S. equities across a range of industries, including information technology, consumer, health care, financial services and communications. Its holdings are generally weighted according to the methodology of the underlying index, giving investors access to many of the largest publicly traded companies in the United States through a single fund.