Stratos Wealth Partners LTD. Sells 71,191 Shares of Invesco S&P 500 Top 50 ETF $XLG

Stratos Wealth Partners LTD. trimmed its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 14.2% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 431,108 shares of the company’s stock after selling 71,191 shares during the period. Stratos Wealth Partners LTD.’s holdings in Invesco S&P 500 Top 50 ETF were worth $25,556,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in XLG. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its holdings in shares of Invesco S&P 500 Top 50 ETF by 23.0% in the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 668,465 shares of the company’s stock valued at $39,627,000 after acquiring an additional 124,954 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its stake in Invesco S&P 500 Top 50 ETF by 38.3% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,183 shares of the company’s stock valued at $189,000 after purchasing an additional 882 shares in the last quarter. Three Magnolias Financial Advisors LLC raised its stake in Invesco S&P 500 Top 50 ETF by 2.6% in the fourth quarter. Three Magnolias Financial Advisors LLC now owns 9,950 shares of the company’s stock valued at $590,000 after purchasing an additional 250 shares in the last quarter. Aspire Capital Advisors LLC lifted its position in Invesco S&P 500 Top 50 ETF by 27.0% during the fourth quarter. Aspire Capital Advisors LLC now owns 169,834 shares of the company’s stock valued at $10,068,000 after purchasing an additional 36,134 shares during the last quarter. Finally, Oregon Pacific Wealth Management LLC bought a new stake in Invesco S&P 500 Top 50 ETF during the fourth quarter valued at approximately $214,000.

Invesco S&P 500 Top 50 ETF Price Performance

XLG stock opened at $54.91 on Friday. The firm has a 50 day simple moving average of $56.82 and a two-hundred day simple moving average of $58.02. The stock has a market cap of $9.84 billion, a PE ratio of 27.80 and a beta of 1.03. Invesco S&P 500 Top 50 ETF has a one year low of $39.50 and a one year 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. 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.