EverSource Wealth Advisors LLC Has $251,000 Holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

EverSource Wealth Advisors LLC lifted its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 78.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,026 shares of the company’s stock after buying an additional 2,206 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $251,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Integrated Wealth Concepts LLC grew its holdings in Invesco S&P 500 Top 50 ETF by 5.0% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 182,494 shares of the company’s stock worth $8,674,000 after acquiring an additional 8,687 shares during the period. JPMorgan Chase & Co. increased its holdings in Invesco S&P 500 Top 50 ETF by 3.5% in the third quarter. JPMorgan Chase & Co. now owns 723,678 shares of the company’s stock valued at $34,396,000 after purchasing an additional 24,527 shares during the last quarter. Truist Financial Corp increased its holdings in Invesco S&P 500 Top 50 ETF by 1.5% in the fourth quarter. Truist Financial Corp now owns 29,649 shares of the company’s stock valued at $1,481,000 after purchasing an additional 426 shares during the last quarter. Advisors Preferred LLC acquired a new position in Invesco S&P 500 Top 50 ETF in the fourth quarter valued at about $1,101,000. Finally, US Bancorp DE boosted its holdings in Invesco S&P 500 Top 50 ETF by 2.5% during the fourth quarter. US Bancorp DE now owns 24,549 shares of the company’s stock worth $1,226,000 after buying an additional 610 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of XLG stock opened at $46.74 on Friday. The stock has a market cap of $8.17 billion, a PE ratio of 26.40 and a beta of 1.01. The stock has a 50-day moving average of $49.97 and a 200-day moving average of $49.03. Invesco S&P 500 Top 50 ETF has a one year low of $39.75 and a one year high of $51.80.

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.