Aptus Capital Advisors LLC Trims Stock Holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Aptus Capital Advisors LLC lowered its position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 1.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 48,188 shares of the company’s stock after selling 712 shares during the quarter. Aptus Capital Advisors LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $2,290,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. purchased a new stake in shares of Invesco S&P 500 Top 50 ETF during the first quarter worth approximately $225,000. US Bancorp DE raised its stake in shares of Invesco S&P 500 Top 50 ETF by 4.9% during the first quarter. US Bancorp DE now owns 18,332 shares of the company’s stock worth $772,000 after purchasing an additional 863 shares during the last quarter. Avantax Advisory Services Inc. raised its stake in shares of 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 purchasing an additional 4,168 shares during the last quarter. TIAA Trust National Association purchased a new stake in shares of Invesco S&P 500 Top 50 ETF during the first quarter worth approximately $253,000. Finally, Cedar Wealth Management LLC grew its holdings 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 period.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of XLG stock opened at $49.67 on Thursday. The business’s fifty day moving average price is $47.47 and its 200 day moving average price is $45.75. Invesco S&P 500 Top 50 ETF has a 1-year low of $36.04 and a 1-year high of $49.92. The firm has a market capitalization of $4.84 billion, a PE ratio of 2.92 and a beta of 1.08.

Invesco S&P 500 Top 50 ETF 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.