Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) Shares Sold by Lifeworks Advisors LLC

Lifeworks Advisors LLC decreased its stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 9.7% during the 3rd quarter, Holdings Channel reports. The firm owned 6,036 shares of the company’s stock after selling 651 shares during the quarter. Lifeworks Advisors LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $287,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of XLG. Envestnet Portfolio Solutions Inc. acquired a new stake in shares of Invesco S&P 500 Top 50 ETF in the first quarter valued at about $225,000. US Bancorp DE grew its position in shares of Invesco S&P 500 Top 50 ETF by 4.9% in the first quarter. US Bancorp DE now owns 18,332 shares of the company’s stock valued at $772,000 after purchasing an additional 863 shares during the period. Avantax Advisory Services Inc. boosted its position in Invesco S&P 500 Top 50 ETF by 45.4% during the first quarter. Avantax Advisory Services Inc. now owns 13,351 shares of the company’s stock worth $562,000 after acquiring an additional 4,168 shares during the last quarter. TIAA Trust National Association acquired a new position in Invesco S&P 500 Top 50 ETF during the first quarter worth about $253,000. Finally, Cedar Wealth Management LLC boosted its position in Invesco S&P 500 Top 50 ETF by 14.7% during the first quarter. Cedar Wealth Management LLC now owns 235,731 shares of the company’s stock worth $9,931,000 after acquiring an additional 30,200 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Trading Down 0.4 %

XLG opened at $49.45 on Friday. The firm has a market capitalization of $4.82 billion, a PE ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a twelve month low of $36.06 and a twelve month high of $49.92. The firm’s 50-day moving average price is $47.56 and its 200 day moving average price is $45.77.

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.