Centennial Bank AR Purchases Shares of 2,200 Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Centennial Bank AR bought a new position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 2,200 shares of the company’s stock, valued at approximately $101,000.

A number of other institutional investors also recently modified their holdings of XLG. LPL Financial LLC raised its position in Invesco S&P 500 Top 50 ETF by 6.6% in the 2nd quarter. LPL Financial LLC now owns 7,237,697 shares of the company’s stock valued at $331,125,000 after buying an additional 448,925 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in shares of Invesco S&P 500 Top 50 ETF by 20.6% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 1,305,381 shares of the company’s stock worth $59,721,000 after acquiring an additional 223,301 shares during the period. Goldman Sachs Group Inc. lifted its holdings in Invesco S&P 500 Top 50 ETF by 5,426.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 934,951 shares of the company’s stock worth $35,266,000 after purchasing an additional 918,032 shares in the last quarter. GPS Wealth Strategies Group LLC raised its holdings in shares of Invesco S&P 500 Top 50 ETF by 7.0% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 927,894 shares of the company’s stock valued at $42,451,000 after acquiring an additional 60,665 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in shares of Invesco S&P 500 Top 50 ETF by 20.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 875,278 shares of the company’s stock valued at $40,044,000 after acquiring an additional 151,025 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Stock Down 1.2 %

NYSEARCA:XLG opened at $46.94 on Wednesday. The business’s 50-day moving average price is $45.70 and its two-hundred day moving average price is $44.34. Invesco S&P 500 Top 50 ETF has a twelve month low of $32.74 and a twelve month high of $47.99. The stock has a market cap of $4.58 billion, a P/E ratio of 2.92 and a beta of 1.08.

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.