LPL Financial LLC Has $379.26 Million Stock Holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

LPL Financial LLC raised its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 10.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,979,467 shares of the company’s stock after purchasing an additional 741,770 shares during the quarter. LPL Financial LLC owned 0.08% of Invesco S&P 500 Top 50 ETF worth $379,264,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Raymond James Financial Services Advisors Inc. grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 20.6% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 1,305,381 shares of the company’s stock valued at $59,721,000 after purchasing an additional 223,301 shares during the last quarter. GPS Wealth Strategies Group LLC grew its stake in shares of Invesco S&P 500 Top 50 ETF by 7.0% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 927,894 shares of the company’s stock valued at $42,451,000 after acquiring an additional 60,665 shares during the period. Envestnet Asset Management Inc. boosted its position in shares of Invesco S&P 500 Top 50 ETF by 20.9% during the second quarter. Envestnet Asset Management Inc. now owns 875,278 shares of the company’s stock worth $40,044,000 after acquiring an additional 151,025 shares during the last quarter. Raymond James & Associates increased its holdings in shares of Invesco S&P 500 Top 50 ETF by 69.7% in the 3rd quarter. Raymond James & Associates now owns 816,880 shares of the company’s stock worth $38,826,000 after buying an additional 335,532 shares during the last quarter. Finally, Thrivent Financial for Lutherans increased its position in Invesco S&P 500 Top 50 ETF by 22.0% during the third quarter. Thrivent Financial for Lutherans now owns 810,478 shares of the company’s stock valued at $38,522,000 after acquiring an additional 146,219 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Stock Down 0.1 %

Shares of NYSEARCA:XLG opened at $49.14 on Thursday. The stock has a market cap of $4.79 billion, a P/E ratio of 2.92 and a beta of 1.08. The business’s 50 day moving average is $47.95 and its 200 day moving average is $46.05. Invesco S&P 500 Top 50 ETF has a 52-week low of $36.06 and a 52-week high of $49.92.

About Invesco S&P 500 Top 50 ETF

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.