Associated Banc Corp Sells 1,243 Shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Associated Banc Corp reduced its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 18.1% in the third quarter, HoldingsChannel.com reports. The firm owned 5,616 shares of the company’s stock after selling 1,243 shares during the period. Associated Banc Corp’s holdings in Invesco S&P 500 Top 50 ETF were worth $267,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. LPL Financial LLC boosted its position in shares of Invesco S&P 500 Top 50 ETF by 10.2% during the third quarter. LPL Financial LLC now owns 7,979,467 shares of the company’s stock valued at $379,264,000 after buying an additional 741,770 shares during the last quarter. Redhawk Wealth Advisors Inc. bought a new position in shares of Invesco S&P 500 Top 50 ETF during the second quarter valued at about $33,242,000. Thrivent Financial for Lutherans boosted its holdings in Invesco S&P 500 Top 50 ETF by 868.3% during the second quarter. Thrivent Financial for Lutherans now owns 664,259 shares of the company’s stock worth $30,389,000 after purchasing an additional 595,661 shares during the last quarter. Bricktown Capital LLC bought a new stake in Invesco S&P 500 Top 50 ETF in the 2nd quarter worth about $27,172,000. Finally, Wealth Enhancement Advisory Services LLC increased its stake in Invesco S&P 500 Top 50 ETF by 4,253.3% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 601,146 shares of the company’s stock valued at $27,502,000 after buying an additional 587,337 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Stock Up 1.0 %

XLG stock opened at $49.61 on Wednesday. The business has a 50 day moving average of $48.18 and a 200-day moving average of $46.28. The firm has a market cap of $4.84 billion, a PE ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a 12-month low of $36.06 and a 12-month high of $49.92.

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.