Invesco S&P 500 Top 50 ETF $XLG Shares Sold by Kestra Advisory Services LLC

Kestra Advisory Services LLC decreased its position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 66.1% during the 3rd quarter, HoldingsChannel reports. The fund owned 97,981 shares of the company’s stock after selling 190,834 shares during the quarter. Kestra Advisory Services LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $6,233,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of XLG. Polaris Financial Partners bought a new position in Invesco S&P 500 Top 50 ETF in the third quarter valued at $21,423,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Invesco S&P 500 Top 50 ETF during the 3rd quarter worth about $19,655,000. Commonwealth Equity Services LLC acquired a new position in shares of Invesco S&P 500 Top 50 ETF during the 3rd quarter worth about $19,239,000. JNBA Financial Advisors boosted its stake in shares of Invesco S&P 500 Top 50 ETF by 15,731.8% during the 2nd quarter. JNBA Financial Advisors now owns 197,898 shares of the company’s stock worth $12,117,000 after buying an additional 196,648 shares during the last quarter. Finally, Ameritas Advisory Services LLC bought a new position in shares of Invesco S&P 500 Top 50 ETF in the 2nd quarter valued at about $9,532,000.

Invesco S&P 500 Top 50 ETF Stock Performance

NYSEARCA:XLG opened at $61.52 on Thursday. Invesco S&P 500 Top 50 ETF has a 52-week low of $52.60 and a 52-week high of $65.26. The company has a market cap of $11.52 billion, a P/E ratio of 27.80 and a beta of 1.06. The stock’s 50-day simple moving average is $63.06 and its 200 day simple moving average is $60.75.

Invesco S&P 500 Top 50 ETF Company Profile

Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) is an exchange-traded fund managed by Invesco Ltd. The fund seeks to provide investment results that generally correspond to the performance of the S&P 500 Top 50 Index, which is designed to track the 50 largest companies in the S&P 500 Index. XLG provides focused exposure to large-cap U.S. equities across a range of industries, including information technology, consumer, health care, financial services and communications. Its holdings are generally weighted according to the methodology of the underlying index, giving investors access to many of the largest publicly traded companies in the United States through a single fund.