Invesco S&P 500 Top 50 ETF $XLG Position Lowered by Columbia Advisory Partners LLC

Columbia Advisory Partners LLC trimmed its position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 60.2% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 9,262 shares of the company’s stock after selling 14,013 shares during the period. Columbia Advisory Partners LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $505,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. LPL Financial LLC lifted its holdings in Invesco S&P 500 Top 50 ETF by 8.0% during the 4th quarter. LPL Financial LLC now owns 11,554,356 shares of the company’s stock worth $684,942,000 after buying an additional 856,661 shares during the last quarter. Morgan Stanley increased its holdings in shares of Invesco S&P 500 Top 50 ETF by 2.1% in the 4th quarter. Morgan Stanley now owns 6,977,609 shares of the company’s stock valued at $413,633,000 after acquiring an additional 144,276 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of Invesco S&P 500 Top 50 ETF by 7.4% in the 3rd quarter. Bank of America Corp DE now owns 4,248,330 shares of the company’s stock valued at $244,364,000 after acquiring an additional 291,048 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of Invesco S&P 500 Top 50 ETF by 1.4% during the 4th quarter. JPMorgan Chase & Co. now owns 3,841,051 shares of the company’s stock valued at $227,698,000 after acquiring an additional 54,449 shares in the last quarter. Finally, Wells Fargo & Company MN raised its position in shares of Invesco S&P 500 Top 50 ETF by 1.4% during the 4th quarter. Wells Fargo & Company MN now owns 3,812,317 shares of the company’s stock valued at $225,994,000 after acquiring an additional 52,644 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of XLG opened at $61.23 on Wednesday. The stock has a market capitalization of $10.78 billion, a PE ratio of 27.80 and a beta of 1.05. The business’s fifty day moving average price is $62.06 and its 200 day moving average price is $59.23. Invesco S&P 500 Top 50 ETF has a 12-month low of $51.63 and a 12-month high of $64.77.

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.