Ameritas Advisory Services LLC Sells 21,078 Shares of Invesco S&P 500 Top 50 ETF $XLG

Ameritas Advisory Services LLC reduced its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 41.5% during the 3rd quarter, HoldingsChannel reports. The firm owned 29,672 shares of the company’s stock after selling 21,078 shares during the quarter. Ameritas Advisory Services LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $1,707,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the business. MCF Advisors LLC bought a new stake in Invesco S&P 500 Top 50 ETF during the 3rd quarter valued at approximately $27,000. Harbor Asset Planning Inc. acquired a new position in shares of Invesco S&P 500 Top 50 ETF during the second quarter worth approximately $31,000. LGT Financial Advisors LLC boosted its position in shares of Invesco S&P 500 Top 50 ETF by 248.5% in the second quarter. LGT Financial Advisors LLC now owns 791 shares of the company’s stock valued at $41,000 after acquiring an additional 564 shares during the period. Financial Gravity Companies Inc. bought a new stake in shares of Invesco S&P 500 Top 50 ETF in the second quarter valued at approximately $47,000. Finally, Blue Trust Inc. grew its stake in shares of Invesco S&P 500 Top 50 ETF by 140.8% in the second quarter. Blue Trust Inc. now owns 973 shares of the company’s stock worth $51,000 after acquiring an additional 569 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Trading Down 0.7%

Shares of XLG stock opened at $56.86 on Friday. The firm has a market capitalization of $11.06 billion, a P/E ratio of 27.80 and a beta of 1.03. Invesco S&P 500 Top 50 ETF has a 1 year low of $39.50 and a 1 year high of $60.63. The firm’s fifty day simple moving average is $58.95 and its 200 day simple moving average is $57.71.

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. The Russell 3000 Index is an unmanaged capitalization-weighted index that offers investors access to the United States equity universe representing approximately 98% of the United States equity market.