Advocacy Wealth Management LLC Increases Stake in Invesco S&P 500 Top 50 ETF $XLG

Advocacy Wealth Management LLC increased its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 5.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 1,152,408 shares of the company’s stock after acquiring an additional 57,654 shares during the period. Invesco S&P 500 Top 50 ETF makes up approximately 2.9% of Advocacy Wealth Management LLC’s investment portfolio, making the stock its 11th biggest position. Advocacy Wealth Management LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $68,315,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently made changes to their positions in the business. LPL Financial LLC boosted its stake in shares of Invesco S&P 500 Top 50 ETF by 8.0% in the 4th quarter. LPL Financial LLC now owns 11,554,356 shares of the company’s stock valued at $684,942,000 after purchasing an additional 856,661 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Invesco S&P 500 Top 50 ETF by 1.4% in the 4th quarter. JPMorgan Chase & Co. now owns 3,841,051 shares of the company’s stock valued at $227,698,000 after purchasing an additional 54,449 shares in the last quarter. Tradition Wealth Management LLC boosted its stake in shares of Invesco S&P 500 Top 50 ETF by 2.8% in the 4th quarter. Tradition Wealth Management LLC now owns 106,741 shares of the company’s stock valued at $6,328,000 after purchasing an additional 2,900 shares in the last quarter. Comprehensive Financial Planning Inc. PA boosted its stake in shares of Invesco S&P 500 Top 50 ETF by 2.9% in the 4th quarter. Comprehensive Financial Planning Inc. PA now owns 94,841 shares of the company’s stock valued at $5,622,000 after purchasing an additional 2,674 shares in the last quarter. Finally, Curtis Wealth Management LLC purchased a new stake in shares of Invesco S&P 500 Top 50 ETF in the 4th quarter valued at $2,439,000.

Invesco S&P 500 Top 50 ETF Stock Performance

Shares of Invesco S&P 500 Top 50 ETF stock opened at $62.25 on Tuesday. Invesco S&P 500 Top 50 ETF has a 52-week low of $49.68 and a 52-week high of $64.77. The stock has a market capitalization of $10.96 billion, a price-to-earnings ratio of 27.80 and a beta of 1.05. The company has a fifty day moving average of $60.55 and a 200-day moving average of $59.01.

Invesco S&P 500 Top 50 ETF Company 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.