Mirae Asset Global Investments Co. Ltd. Lowers Holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Mirae Asset Global Investments Co. Ltd. reduced its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 13.0% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 289,000 shares of the company’s stock after selling 43,000 shares during the quarter. Mirae Asset Global Investments Co. Ltd. owned about 0.30% of Invesco S&P 500 Top 50 ETF worth $14,540,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. LPL Financial LLC increased its position in Invesco S&P 500 Top 50 ETF by 10.2% during the 3rd quarter. LPL Financial LLC now owns 7,979,467 shares of the company’s stock valued at $379,264,000 after purchasing an additional 741,770 shares during the period. GPS Wealth Strategies Group LLC increased its holdings in Invesco S&P 500 Top 50 ETF by 8.2% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 1,174,985 shares of the company’s stock valued at $58,702,000 after buying an additional 89,392 shares during the period. HighTower Advisors LLC raised its stake in Invesco S&P 500 Top 50 ETF by 27.7% in the third quarter. HighTower Advisors LLC now owns 925,321 shares of the company’s stock worth $43,982,000 after buying an additional 200,879 shares in the last quarter. Raymond James & Associates lifted its holdings in Invesco S&P 500 Top 50 ETF by 69.7% during the third 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 period. Finally, Thrivent Financial for Lutherans boosted its position in Invesco S&P 500 Top 50 ETF by 22.0% during the 3rd 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 in the last quarter.

Invesco S&P 500 Top 50 ETF Trading Up 0.6 %

XLG opened at $51.22 on Friday. The firm has a market cap of $4.99 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a 12 month low of $39.75 and a 12 month high of $51.80. The stock has a fifty day moving average price of $50.61 and a 200-day moving average price of $48.22.

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.