Invesco S&P 500 Top 50 ETF $XLG Holdings Trimmed by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC reduced its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 49.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 107,362 shares of the company’s stock after selling 106,862 shares during the quarter. Janney Montgomery Scott LLC owned 0.06% of Invesco S&P 500 Top 50 ETF worth $5,857,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. LPL Financial LLC grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 8.0% during the fourth quarter. LPL Financial LLC now owns 11,554,356 shares of the company’s stock valued at $684,942,000 after buying an additional 856,661 shares in the last quarter. Morgan Stanley lifted its stake in 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 worth $413,633,000 after acquiring an additional 144,276 shares in the last quarter. Bank of America Corp DE boosted its position in Invesco S&P 500 Top 50 ETF by 7.4% during the 3rd quarter. Bank of America Corp DE now owns 4,248,330 shares of the company’s stock worth $244,364,000 after acquiring an additional 291,048 shares during the period. JPMorgan Chase & Co. boosted its position in 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 worth $227,698,000 after acquiring an additional 54,449 shares during the period. Finally, Wells Fargo & Company MN boosted its position in 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 worth $225,994,000 after acquiring an additional 52,644 shares during the period.

Invesco S&P 500 Top 50 ETF Price Performance

NYSEARCA:XLG opened at $60.73 on Friday. The stock has a market cap of $10.28 billion, a PE ratio of 27.80 and a beta of 1.06. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $51.96 and a fifty-two week high of $64.77. The stock’s 50-day moving average is $62.11 and its two-hundred day moving average is $59.26.

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.