Sage Mountain Advisors LLC Has $5.51 Million Stock Holdings in Invesco S&P 500 Top 50 ETF $XLG

Sage Mountain Advisors LLC cut its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 0.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 105,683 shares of the company’s stock after selling 683 shares during the period. Sage Mountain Advisors LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $5,506,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of XLG. Bank of New York Mellon Corp acquired a new position in shares of Invesco S&P 500 Top 50 ETF during the 1st quarter worth about $110,557,000. Invesco Ltd. increased its stake in shares of Invesco S&P 500 Top 50 ETF by 212.9% during the 1st 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 during the last quarter. Principle Wealth Partners LLC increased its stake in shares of Invesco S&P 500 Top 50 ETF by 85.0% during the 2nd quarter. Principle Wealth Partners LLC now owns 2,682,223 shares of the company’s stock worth $139,744,000 after purchasing an additional 1,232,337 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of Invesco S&P 500 Top 50 ETF by 225.9% during the 1st 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 during the last quarter. Finally, Bogart Wealth LLC increased its stake in shares of Invesco S&P 500 Top 50 ETF by 17,727.9% during the 1st quarter. Bogart Wealth LLC now owns 1,044,004 shares of the company’s stock worth $48,045,000 after purchasing an additional 1,038,148 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of XLG opened at $58.69 on Friday. The firm has a market capitalization of $11.27 billion, a PE ratio of 27.80 and a beta of 1.00. The company’s 50-day moving average is $56.61 and its 200-day moving average is $52.15. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $39.50 and a fifty-two week high of $58.81.

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.