Kestra Advisory Services LLC Has $26.51 Million Stock Position in Invesco S&P 500 Top 50 ETF $XLG

Kestra Advisory Services LLC increased its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 3.2% in the 1st quarter, Holdings Channel reports. The fund owned 485,942 shares of the company’s stock after purchasing an additional 14,987 shares during the period. Kestra Advisory Services LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $26,508,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Osaic Holdings Inc. grew its stake in Invesco S&P 500 Top 50 ETF by 66.1% during the 4th quarter. Osaic Holdings Inc. now owns 2,838,230 shares of the company’s stock valued at $168,251,000 after acquiring an additional 1,129,519 shares in the last quarter. LPL Financial LLC increased its holdings in shares of Invesco S&P 500 Top 50 ETF by 8.0% in the 4th 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 during the period. Ameriprise Financial Inc. lifted its position in shares of Invesco S&P 500 Top 50 ETF by 46.6% in the third quarter. Ameriprise Financial Inc. now owns 2,296,020 shares of the company’s stock worth $132,108,000 after purchasing an additional 729,356 shares in the last quarter. Raymond James Financial Inc. lifted its position in shares of Invesco S&P 500 Top 50 ETF by 25.8% in the second quarter. Raymond James Financial Inc. now owns 2,867,532 shares of the company’s stock worth $149,398,000 after purchasing an additional 588,257 shares in the last quarter. Finally, Brown Advisory Inc. boosted its holdings in shares of 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 worth $33,244,000 after purchasing an additional 522,375 shares during the period.

Invesco S&P 500 Top 50 ETF Price Performance

XLG traded up $0.35 on Friday, reaching $61.98. 1,161,117 shares of the company traded hands, compared to its average volume of 3,233,465. The stock’s 50 day moving average price is $62.20 and its 200-day moving average price is $59.36. Invesco S&P 500 Top 50 ETF has a 52-week low of $52.30 and a 52-week high of $64.77. The company has a market cap of $10.85 billion, a price-to-earnings ratio of 27.80 and a beta of 1.06.

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.