Private Trust Co. NA Raises Stock Holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Private Trust Co. NA increased its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 23.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,337 shares of the company’s stock after purchasing an additional 2,139 shares during the quarter. Private Trust Co. NA’s holdings in Invesco S&P 500 Top 50 ETF were worth $539,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the company. LPL Financial LLC grew its holdings 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 worth $379,264,000 after buying an additional 741,770 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its holdings in Invesco S&P 500 Top 50 ETF by 20.6% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 1,305,381 shares of the company’s stock valued at $59,721,000 after acquiring an additional 223,301 shares during the last quarter. GPS Wealth Strategies Group LLC lifted its stake in shares of Invesco S&P 500 Top 50 ETF by 7.0% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 927,894 shares of the company’s stock worth $42,451,000 after purchasing an additional 60,665 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of Invesco S&P 500 Top 50 ETF by 20.9% during the second quarter. Envestnet Asset Management Inc. now owns 875,278 shares of the company’s stock worth $40,044,000 after purchasing an additional 151,025 shares during the last quarter. Finally, Raymond James & Associates grew its position in shares of Invesco S&P 500 Top 50 ETF by 69.7% in the third quarter. Raymond James & Associates now owns 816,880 shares of the company’s stock valued at $38,826,000 after purchasing an additional 335,532 shares during the period.

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

NYSEARCA XLG opened at $49.61 on Wednesday. The company has a market capitalization of $4.84 billion, a PE ratio of 2.92 and a beta of 1.08. The business’s 50-day moving average price is $48.18 and its 200 day moving average price is $46.28. Invesco S&P 500 Top 50 ETF has a twelve month low of $36.06 and a twelve month high of $49.92.

About Invesco S&P 500 Top 50 ETF

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.