Focus Financial Network Inc. Decreases Holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Focus Financial Network Inc. reduced its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 2.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,283 shares of the company’s stock after selling 359 shares during the period. Focus Financial Network Inc.’s holdings in Invesco S&P 500 Top 50 ETF were worth $714,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. LPL Financial LLC grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 10.2% during the 3rd quarter. LPL Financial LLC now owns 7,979,467 shares of the company’s stock valued at $379,264,000 after purchasing an additional 741,770 shares during the last quarter. Raymond James & Associates increased its holdings in shares of Invesco S&P 500 Top 50 ETF by 69.7% in the third quarter. Raymond James & Associates now owns 816,880 shares of the company’s stock worth $38,826,000 after buying an additional 335,532 shares during the period. Bank Hapoalim BM bought a new stake in shares of Invesco S&P 500 Top 50 ETF in the 4th quarter valued at about $13,289,000. HighTower Advisors LLC boosted its holdings in Invesco S&P 500 Top 50 ETF by 27.7% during the 3rd quarter. HighTower Advisors LLC now owns 925,321 shares of the company’s stock valued at $43,982,000 after acquiring an additional 200,879 shares during the period. Finally, Stratos Wealth Partners LTD. grew its position in Invesco S&P 500 Top 50 ETF by 66.5% during the 4th quarter. Stratos Wealth Partners LTD. now owns 476,332 shares of the company’s stock worth $23,798,000 after acquiring an additional 190,180 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of Invesco S&P 500 Top 50 ETF stock opened at $50.94 on Thursday. The stock has a market capitalization of $4.97 billion, a P/E ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a one year low of $39.75 and a one year high of $51.80. The business’s 50 day simple moving average is $50.70 and its two-hundred day simple moving average is $48.39.

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.