Invesco S&P 500 Top 50 ETF $XLG Shares Sold by Kestra Advisory Services LLC

Kestra Advisory Services LLC reduced its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 66.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 97,981 shares of the company’s stock after selling 190,834 shares during the quarter. Kestra Advisory Services LLC owned about 0.05% of Invesco S&P 500 Top 50 ETF worth $6,233,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Key Client Fiduciary Advisors LLC increased its stake in Invesco S&P 500 Top 50 ETF by 1.5% in the second quarter. Key Client Fiduciary Advisors LLC now owns 13,549 shares of the company’s stock valued at $830,000 after purchasing an additional 205 shares in the last quarter. Investors Research Corp boosted its position in shares of Invesco S&P 500 Top 50 ETF by 3.2% during the second quarter. Investors Research Corp now owns 11,037 shares of the company’s stock worth $676,000 after purchasing an additional 339 shares in the last quarter. Partners Wealth Management LLC boosted its position in shares of Invesco S&P 500 Top 50 ETF by 3.3% during the third quarter. Partners Wealth Management LLC now owns 10,977 shares of the company’s stock worth $698,000 after purchasing an additional 349 shares in the last quarter. Retireful LLC grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 2.6% in the 2nd quarter. Retireful LLC now owns 13,778 shares of the company’s stock valued at $845,000 after buying an additional 351 shares during the period. Finally, NFSG Corp grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 2.1% in the 3rd quarter. NFSG Corp now owns 18,895 shares of the company’s stock valued at $1,202,000 after buying an additional 381 shares during the period.

Invesco S&P 500 Top 50 ETF Stock Up 1.5%

XLG opened at $61.52 on Thursday. The stock has a market cap of $11.52 billion, a P/E ratio of 27.80 and a beta of 1.06. Invesco S&P 500 Top 50 ETF has a 12 month low of $52.60 and a 12 month high of $65.26. The company has a fifty day simple moving average of $63.06 and a 200 day simple moving average of $60.75.

Invesco S&P 500 Top 50 ETF Company Profile

Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) is an exchange-traded fund managed by Invesco Ltd. The fund seeks to provide investment results that generally correspond to the performance of the S&P 500 Top 50 Index, which is designed to track the 50 largest companies in the S&P 500 Index. XLG provides focused exposure to large-cap U.S. equities across a range of industries, including information technology, consumer, health care, financial services and communications. Its holdings are generally weighted according to the methodology of the underlying index, giving investors access to many of the largest publicly traded companies in the United States through a single fund.