Jackson Wealth Management LLC Sells 634 Shares of Invesco S&P 500 Top 50 ETF $XLG

Jackson Wealth Management LLC decreased its position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 0.5% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 139,449 shares of the company’s stock after selling 634 shares during the quarter. Jackson Wealth Management LLC owned approximately 0.08% of Invesco S&P 500 Top 50 ETF worth $7,265,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. LPL Financial LLC raised its holdings in Invesco S&P 500 Top 50 ETF by 8.7% in the first quarter. LPL Financial LLC now owns 10,622,082 shares of the company’s stock worth $488,828,000 after purchasing an additional 847,025 shares in the last quarter. Invesco Ltd. increased its holdings in shares of Invesco S&P 500 Top 50 ETF by 212.9% during the first quarter. Invesco Ltd. now owns 3,363,435 shares of the company’s stock valued at $154,785,000 after acquiring an additional 2,288,508 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Invesco S&P 500 Top 50 ETF by 130.2% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 2,505,947 shares of the company’s stock valued at $115,324,000 after acquiring an additional 1,417,535 shares in the last quarter. Bank of New York Mellon Corp bought a new position in shares of Invesco S&P 500 Top 50 ETF during the first quarter valued at $110,557,000. Finally, Raymond James Financial Inc. increased its holdings in shares of Invesco S&P 500 Top 50 ETF by 1.1% during the first quarter. Raymond James Financial Inc. now owns 2,279,275 shares of the company’s stock valued at $104,892,000 after acquiring an additional 25,649 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of NYSEARCA:XLG opened at $57.63 on Friday. Invesco S&P 500 Top 50 ETF has a 1-year low of $39.50 and a 1-year high of $58.03. The business has a fifty day moving average price of $55.55 and a 200-day moving average price of $50.89. The company has a market capitalization of $11.03 billion, a PE ratio of 27.80 and a beta of 1.00.

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.