Sowell Financial Services LLC Grows Position in Invesco S&P 500 Top 50 ETF $XLG

Sowell Financial Services LLC raised its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 9.4% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 58,581 shares of the company’s stock after acquiring an additional 5,026 shares during the period. Sowell Financial Services LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $3,052,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Physician Wealth Advisors Inc. raised its holdings in shares of Invesco S&P 500 Top 50 ETF by 53.3% in the 2nd quarter. Physician Wealth Advisors Inc. now owns 185,500 shares of the company’s stock valued at $9,665,000 after acquiring an additional 64,499 shares in the last quarter. Silver Oak Securities Incorporated increased its position in shares of Invesco S&P 500 Top 50 ETF by 42.0% during the 2nd quarter. Silver Oak Securities Incorporated now owns 60,952 shares of the company’s stock valued at $3,176,000 after purchasing an additional 18,029 shares during the last quarter. My Legacy Advisors LLC increased its position in shares of Invesco S&P 500 Top 50 ETF by 58.7% during the 2nd quarter. My Legacy Advisors LLC now owns 29,180 shares of the company’s stock valued at $1,536,000 after purchasing an additional 10,795 shares during the last quarter. Essex Savings Bank bought a new position in shares of Invesco S&P 500 Top 50 ETF during the 2nd quarter valued at about $393,000. Finally, Wedmont Private Capital increased its position in shares of Invesco S&P 500 Top 50 ETF by 12.1% during the 2nd quarter. Wedmont Private Capital now owns 9,641 shares of the company’s stock valued at $506,000 after purchasing an additional 1,044 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Trading Up 0.8%

Shares of Invesco S&P 500 Top 50 ETF stock opened at $57.61 on Monday. The firm has a market capitalization of $10.54 billion, a PE ratio of 27.80 and a beta of 1.00. The business’s 50-day moving average price is $54.69 and its 200-day moving average price is $50.19. Invesco S&P 500 Top 50 ETF has a 12 month low of $39.50 and a 12 month high of $57.67.

Invesco S&P 500 Top 50 ETF 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.