MML Investors Services LLC Has $51.15 Million Stock Position in Invesco S&P 500 Top 50 ETF $XLG

MML Investors Services LLC raised its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 10.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 862,918 shares of the company’s stock after purchasing an additional 81,838 shares during the period. MML Investors Services LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $51,154,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in XLG. JPMorgan Chase & Co. raised its position in Invesco S&P 500 Top 50 ETF by 53.6% during the third quarter. JPMorgan Chase & Co. now owns 3,786,602 shares of the company’s stock valued at $217,805,000 after purchasing an additional 1,321,856 shares in the last quarter. LPL Financial LLC raised its position in Invesco S&P 500 Top 50 ETF by 8.0% during the fourth quarter. LPL Financial LLC now owns 11,554,356 shares of the company’s stock valued at $684,942,000 after purchasing an additional 856,661 shares in the last quarter. Ameriprise Financial Inc. raised its position in Invesco S&P 500 Top 50 ETF by 46.6% during the third quarter. Ameriprise Financial Inc. now owns 2,296,020 shares of the company’s stock valued at $132,108,000 after purchasing an additional 729,356 shares in the last quarter. Raymond James Financial Inc. raised its position in Invesco S&P 500 Top 50 ETF by 25.8% during the second quarter. Raymond James Financial Inc. now owns 2,867,532 shares of the company’s stock valued at $149,398,000 after purchasing an additional 588,257 shares in the last quarter. Finally, Brown Advisory Inc. raised its position in Invesco S&P 500 Top 50 ETF by 1,359.5% during the fourth quarter. Brown Advisory Inc. now owns 560,799 shares of the company’s stock valued at $33,244,000 after purchasing an additional 522,375 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of XLG opened at $62.47 on Tuesday. Invesco S&P 500 Top 50 ETF has a one year low of $49.68 and a one year high of $64.77. The company has a market cap of $11.00 billion, a P/E ratio of 27.80 and a beta of 1.05. The firm has a 50 day simple moving average of $61.29 and a two-hundred day simple moving average of $59.14.

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. The Russell 3000 Index is an unmanaged capitalization-weighted index that offers investors access to the United States equity universe representing approximately 98% of the United States equity market.