Thurston Springer Miller Herd & Titak Inc. Reduces Holdings in Invesco S&P 500 Top 50 ETF $XLG

Thurston Springer Miller Herd & Titak Inc. reduced its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 85.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,301 shares of the company’s stock after selling 13,146 shares during the quarter. Thurston Springer Miller Herd & Titak Inc.’s holdings in Invesco S&P 500 Top 50 ETF were worth $132,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of XLG. AE Wealth Management LLC increased its position in Invesco S&P 500 Top 50 ETF by 71.4% during the second quarter. AE Wealth Management LLC now owns 126,429 shares of the company’s stock worth $6,587,000 after buying an additional 52,645 shares during the period. M Holdings Securities Inc. acquired a new stake in shares of Invesco S&P 500 Top 50 ETF in the second quarter valued at approximately $656,000. Avestar Capital LLC grew its position in shares of Invesco S&P 500 Top 50 ETF by 14.8% during the second quarter. Avestar Capital LLC now owns 210,218 shares of the company’s stock worth $10,952,000 after acquiring an additional 27,160 shares during the last quarter. Hershey Financial Advisers LLC acquired a new position in shares of Invesco S&P 500 Top 50 ETF in the 2nd quarter valued at $1,216,000. Finally, City Center Advisors LLC raised its position in Invesco S&P 500 Top 50 ETF by 22.2% in the 3rd quarter. City Center Advisors LLC now owns 66,871 shares of the company’s stock valued at $3,846,000 after purchasing an additional 12,127 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of NYSEARCA:XLG opened at $58.76 on Wednesday. Invesco S&P 500 Top 50 ETF has a 1-year low of $39.50 and a 1-year high of $60.63. The stock has a market cap of $11.30 billion, a P/E ratio of 27.80 and a beta of 1.03. The firm has a fifty day moving average price of $58.78 and a 200 day moving average price of $55.60.

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.