Invesco S&P 500 Top 50 ETF $XLG Position Lessened by Rollins Financial Advisors LLC

Rollins Financial Advisors LLC decreased its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 31.5% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,487 shares of the company’s stock after selling 2,985 shares during the period. Rollins Financial Advisors LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $338,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of XLG. Prospera Financial Services Inc acquired a new position in Invesco S&P 500 Top 50 ETF in the 2nd quarter worth about $292,000. AE Wealth Management LLC grew its stake in shares of Invesco S&P 500 Top 50 ETF by 71.4% in the 2nd quarter. AE Wealth Management LLC now owns 126,429 shares of the company’s stock valued at $6,587,000 after buying an additional 52,645 shares in the last quarter. Metis Global Partners LLC grew its stake in shares of Invesco S&P 500 Top 50 ETF by 312.1% in the 2nd quarter. Metis Global Partners LLC now owns 22,838 shares of the company’s stock valued at $1,190,000 after buying an additional 17,296 shares in the last quarter. Wedbush Securities Inc. increased its holdings in Invesco S&P 500 Top 50 ETF by 9.8% in the second quarter. Wedbush Securities Inc. now owns 37,752 shares of the company’s stock worth $1,967,000 after buying an additional 3,381 shares during the last quarter. Finally, GPS Wealth Strategies Group LLC increased its holdings in Invesco S&P 500 Top 50 ETF by 7.9% in the second quarter. GPS Wealth Strategies Group LLC now owns 1,333,341 shares of the company’s stock worth $69,467,000 after buying an additional 97,328 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Stock Performance

Shares of XLG opened at $58.45 on Friday. The firm has a market cap of $11.24 billion, a PE ratio of 27.80 and a beta of 1.03. The firm’s 50 day moving average price is $57.57 and its 200 day moving average price is $53.39. Invesco S&P 500 Top 50 ETF has a twelve month low of $39.50 and a twelve month high of $60.63.

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.