Cetera Investment Advisers Acquires 69,107 Shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Cetera Investment Advisers grew its position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 37.9% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 251,440 shares of the company’s stock after acquiring an additional 69,107 shares during the quarter. Cetera Investment Advisers owned 0.26% of Invesco S&P 500 Top 50 ETF worth $11,503,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the company. Goldman Sachs Group Inc. lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 5,426.0% in the 4th quarter. Goldman Sachs Group Inc. now owns 934,951 shares of the company’s stock worth $35,266,000 after buying an additional 918,032 shares during the period. Redhawk Wealth Advisors Inc. purchased a new stake in shares of Invesco S&P 500 Top 50 ETF in the 2nd quarter worth $33,242,000. Thrivent Financial for Lutherans lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 868.3% in the 2nd quarter. Thrivent Financial for Lutherans now owns 664,259 shares of the company’s stock worth $30,389,000 after buying an additional 595,661 shares during the period. Bricktown Capital LLC purchased a new stake in shares of Invesco S&P 500 Top 50 ETF in the 2nd quarter worth $27,172,000. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 4,253.3% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 601,146 shares of the company’s stock worth $27,502,000 after buying an additional 587,337 shares during the period.

Invesco S&P 500 Top 50 ETF Trading Up 1.0 %

XLG opened at $47.48 on Friday. The firm has a market cap of $4.63 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a 12 month low of $32.74 and a 12 month high of $47.99. The stock has a fifty day moving average price of $45.83 and a 200-day moving average price of $44.43.

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.