Wealth Enhancement Advisory Services LLC Cuts Stake in Invesco S&P 500 Top 50 ETF $XLG

Wealth Enhancement Advisory Services LLC cut its stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 0.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,412,194 shares of the company’s stock after selling 16,075 shares during the quarter. Wealth Enhancement Advisory Services LLC owned approximately 1.26% of Invesco S&P 500 Top 50 ETF worth $139,377,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Cullen Frost Bankers Inc. lifted its position in shares of Invesco S&P 500 Top 50 ETF by 0.8% in the second quarter. Cullen Frost Bankers Inc. now owns 22,335 shares of the company’s stock valued at $1,164,000 after acquiring an additional 188 shares in the last quarter. Balboa Wealth Partners raised its stake in Invesco S&P 500 Top 50 ETF by 2.2% in the 2nd quarter. Balboa Wealth Partners now owns 9,660 shares of the company’s stock valued at $503,000 after purchasing an additional 210 shares during the last quarter. Smith Salley Wealth Management lifted its holdings in Invesco S&P 500 Top 50 ETF by 2.9% in the 2nd quarter. Smith Salley Wealth Management now owns 7,555 shares of the company’s stock valued at $394,000 after purchasing an additional 215 shares in the last quarter. Pacific Sun Financial Corp lifted its holdings in Invesco S&P 500 Top 50 ETF by 3.2% in the 2nd quarter. Pacific Sun Financial Corp now owns 6,839 shares of the company’s stock valued at $356,000 after purchasing an additional 215 shares in the last quarter. Finally, Seneca House Advisors boosted its stake in Invesco S&P 500 Top 50 ETF by 1.3% during the 3rd quarter. Seneca House Advisors now owns 16,477 shares of the company’s stock worth $948,000 after purchasing an additional 215 shares during the last quarter.

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

Invesco S&P 500 Top 50 ETF stock opened at $58.85 on Monday. The company has a fifty day simple moving average of $59.15 and a 200-day simple moving average of $57.01. The firm has a market capitalization of $11.52 billion, a price-to-earnings ratio of 27.80 and a beta of 1.03. Invesco S&P 500 Top 50 ETF has a 52-week low of $39.50 and a 52-week high of $60.63.

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. 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.