Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) Stock Position Reduced by Avior Wealth Management LLC

Avior Wealth Management LLC trimmed its position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 7.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 32,277 shares of the company’s stock after selling 2,636 shares during the quarter. Avior Wealth Management LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $1,530,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. LPL Financial LLC boosted its holdings in Invesco S&P 500 Top 50 ETF by 6.6% in the second quarter. LPL Financial LLC now owns 7,237,697 shares of the company’s stock worth $331,125,000 after purchasing an additional 448,925 shares during the period. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of 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 buying an additional 223,301 shares during the period. GPS Wealth Strategies Group LLC grew its position 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 valued at $42,451,000 after buying an additional 60,665 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in 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 acquiring an additional 151,025 shares during the period. Finally, Raymond James & Associates lifted its holdings in 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 worth $38,826,000 after acquiring an additional 335,532 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Trading Down 0.1 %

NYSEARCA:XLG opened at $49.14 on Thursday. The stock has a 50 day moving average of $47.89 and a 200-day moving average of $46.03. The firm has a market capitalization of $4.79 billion, a PE ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a 52 week low of $36.06 and a 52 week 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.