Mayflower Financial Advisors LLC Increases Holdings in Invesco S&P 500 Top 50 ETF $XLG

Mayflower Financial Advisors LLC grew its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 91.2% during the 2nd quarter, Holdings Channel.com reports. The fund owned 67,088 shares of the company’s stock after acquiring an additional 32,001 shares during the period. Mayflower Financial Advisors LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $3,495,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Golden State Wealth Management LLC lifted its position in shares of Invesco S&P 500 Top 50 ETF by 26.0% in the first quarter. Golden State Wealth Management LLC now owns 1,463 shares of the company’s stock valued at $67,000 after acquiring an additional 302 shares in the last quarter. Comprehensive Financial Planning Inc. PA lifted its position in shares of Invesco S&P 500 Top 50 ETF by 25.4% in the first quarter. Comprehensive Financial Planning Inc. PA now owns 91,580 shares of the company’s stock valued at $4,215,000 after acquiring an additional 18,538 shares in the last quarter. IFP Advisors Inc lifted its position in shares of Invesco S&P 500 Top 50 ETF by 79.6% in the first quarter. IFP Advisors Inc now owns 13,419 shares of the company’s stock valued at $618,000 after acquiring an additional 5,949 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in shares of Invesco S&P 500 Top 50 ETF by 8.8% in the first quarter. PNC Financial Services Group Inc. now owns 10,828 shares of the company’s stock valued at $498,000 after acquiring an additional 878 shares in the last quarter. Finally, Nwam LLC purchased a new position in shares of Invesco S&P 500 Top 50 ETF in the first quarter valued at about $477,000.

Invesco S&P 500 Top 50 ETF Stock Up 0.9%

Shares of Invesco S&P 500 Top 50 ETF stock opened at $60.16 on Wednesday. The stock’s 50-day simple moving average is $56.82 and its 200-day simple moving average is $52.50. Invesco S&P 500 Top 50 ETF has a 52 week low of $39.50 and a 52 week high of $60.34. The company has a market capitalization of $11.56 billion, a price-to-earnings ratio of 27.80 and a beta of 1.03.

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.