OneDigital Investment Advisors LLC Sells 12,247 Shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

OneDigital Investment Advisors LLC trimmed its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 4.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 270,932 shares of the company’s stock after selling 12,247 shares during the period. OneDigital Investment Advisors LLC owned about 0.28% of Invesco S&P 500 Top 50 ETF worth $13,536,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Demars Financial Group LLC raised its stake in shares of Invesco S&P 500 Top 50 ETF by 5,930.2% in the 4th quarter. Demars Financial Group LLC now owns 28,403,144 shares of the company’s stock valued at $1,419,021,000 after purchasing an additional 27,932,132 shares during the period. LPL Financial LLC raised its position in Invesco S&P 500 Top 50 ETF by 22.5% in the 4th quarter. LPL Financial LLC now owns 9,775,057 shares of the company’s stock valued at $488,362,000 after buying an additional 1,795,590 shares during the last quarter. Wells Fargo & Company MN lifted its stake in Invesco S&P 500 Top 50 ETF by 11.0% in the 4th quarter. Wells Fargo & Company MN now owns 3,425,397 shares of the company’s stock valued at $171,133,000 after acquiring an additional 339,940 shares in the last quarter. Raymond James Financial Inc. bought a new stake in Invesco S&P 500 Top 50 ETF in the 4th quarter valued at approximately $112,591,000. Finally, GPS Wealth Strategies Group LLC boosted its position in Invesco S&P 500 Top 50 ETF by 8.2% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 1,174,985 shares of the company’s stock worth $58,702,000 after acquiring an additional 89,392 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Stock Down 2.5 %

NYSEARCA XLG opened at $42.12 on Tuesday. The firm’s 50 day moving average is $46.73 and its 200-day moving average is $48.73. The company has a market capitalization of $7.45 billion, a PE ratio of 25.84 and a beta of 1.04. Invesco S&P 500 Top 50 ETF has a 12-month low of $39.50 and a 12-month high of $51.80.

Invesco S&P 500 Top 50 ETF Company 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.