Brookstone Capital Management Sells 12,671 Shares of Invesco S&P 500 Top 50 ETF $XLG

Brookstone Capital Management cut its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 28.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,218 shares of the company’s stock after selling 12,671 shares during the period. Brookstone Capital Management’s holdings in Invesco S&P 500 Top 50 ETF were worth $1,626,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. LPL Financial LLC boosted 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. boosted its holdings in Invesco S&P 500 Top 50 ETF by 212.9% in the first quarter. Invesco Ltd. now owns 3,363,435 shares of the company’s stock worth $154,785,000 after purchasing an additional 2,288,508 shares in the last quarter. Bank of New York Mellon Corp bought a new stake in Invesco S&P 500 Top 50 ETF in the first quarter worth $110,557,000. Raymond James Financial Inc. boosted its holdings in Invesco S&P 500 Top 50 ETF by 1.1% in the first quarter. Raymond James Financial Inc. now owns 2,279,275 shares of the company’s stock worth $104,892,000 after purchasing an additional 25,649 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in Invesco S&P 500 Top 50 ETF by 225.9% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,720,414 shares of the company’s stock worth $79,173,000 after purchasing an additional 1,192,557 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Trading Up 1.1%

Shares of NYSEARCA:XLG opened at $58.69 on Friday. The stock has a market capitalization of $11.27 billion, a PE ratio of 27.80 and a beta of 1.00. Invesco S&P 500 Top 50 ETF has a 1 year low of $39.50 and a 1 year high of $58.81. The firm has a fifty day moving average price of $56.61 and a 200 day moving average price of $52.15.

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.