Cetera Investment Advisers Sells 73,620 Shares of Invesco S&P 500 Top 50 ETF $XLG

Cetera Investment Advisers reduced its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 9.6% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 692,477 shares of the company’s stock after selling 73,620 shares during the period. Cetera Investment Advisers’ holdings in Invesco S&P 500 Top 50 ETF were worth $37,775,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Great Diamond Partners LLC lifted its stake in shares of Invesco S&P 500 Top 50 ETF by 1.0% in the 4th quarter. Great Diamond Partners LLC now owns 18,199 shares of the company’s stock valued at $1,079,000 after purchasing an additional 175 shares during the period. Diversified Enterprises LLC boosted its position in shares of Invesco S&P 500 Top 50 ETF by 0.5% in the 4th quarter. Diversified Enterprises LLC now owns 33,492 shares of the company’s stock worth $1,985,000 after purchasing an additional 180 shares during the last quarter. Horizon Wealth Management LLC grew its stake in shares of Invesco S&P 500 Top 50 ETF by 1.0% during the fourth quarter. Horizon Wealth Management LLC now owns 19,032 shares of the company’s stock worth $1,128,000 after purchasing an additional 180 shares during the period. Compass Capital Corp MA ADV grew its stake in shares of Invesco S&P 500 Top 50 ETF by 5.1% during the fourth quarter. Compass Capital Corp MA ADV now owns 3,877 shares of the company’s stock worth $227,000 after purchasing an additional 188 shares during the period. Finally, Sequoia Financial Advisors LLC increased its holdings in Invesco S&P 500 Top 50 ETF by 0.9% in the fourth quarter. Sequoia Financial Advisors LLC now owns 23,191 shares of the company’s stock valued at $1,375,000 after purchasing an additional 203 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Trading Down 0.2%

NYSEARCA XLG opened at $59.98 on Friday. Invesco S&P 500 Top 50 ETF has a 12 month low of $52.60 and a 12 month high of $64.77. The stock has a 50-day simple moving average of $61.88 and a 200 day simple moving average of $59.47. The company has a market capitalization of $10.48 billion, a PE 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.