Jackson Wealth Management LLC Purchases 73,529 Shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Jackson Wealth Management LLC boosted its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 110.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 140,149 shares of the company’s stock after purchasing an additional 73,529 shares during the period. Jackson Wealth Management LLC owned about 0.14% of Invesco S&P 500 Top 50 ETF worth $6,661,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. LPL Financial LLC lifted its position in Invesco S&P 500 Top 50 ETF by 6.6% in the 2nd quarter. LPL Financial LLC now owns 7,237,697 shares of the company’s stock valued at $331,125,000 after acquiring an additional 448,925 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 20.6% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 1,305,381 shares of the company’s stock worth $59,721,000 after acquiring an additional 223,301 shares during the last quarter. GPS Wealth Strategies Group LLC boosted its position in Invesco S&P 500 Top 50 ETF by 7.0% during the second quarter. GPS Wealth Strategies Group LLC now owns 927,894 shares of the company’s stock valued at $42,451,000 after buying an additional 60,665 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of Invesco S&P 500 Top 50 ETF by 20.9% during the second quarter. Envestnet Asset Management Inc. now owns 875,278 shares of the company’s stock valued at $40,044,000 after acquiring an additional 151,025 shares during the last quarter. Finally, Raymond James & Associates raised its stake in Invesco S&P 500 Top 50 ETF by 69.7% in the third quarter. Raymond James & Associates now owns 816,880 shares of the company’s stock worth $38,826,000 after buying an additional 335,532 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Stock Up 0.4 %

Shares of NYSEARCA XLG traded up $0.18 on Thursday, reaching $48.12. 204,342 shares of the company’s stock traded hands, compared to its average volume of 1,416,297. Invesco S&P 500 Top 50 ETF has a 12 month low of $32.74 and a 12 month high of $48.74. The business’s 50 day simple moving average is $46.84 and its two-hundred day simple moving average is $44.98. The company has a market cap of $4.69 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08.

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.