Envestnet Asset Management Inc. Sells 8,164 Shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Envestnet Asset Management Inc. trimmed its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLGGet Rating) by 11.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 66,240 shares of the company’s stock after selling 8,164 shares during the period. Envestnet Asset Management Inc. owned approximately 0.97% of Invesco S&P 500 Top 50 ETF worth $23,282,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Raymond James Financial Services Advisors Inc. boosted its holdings in Invesco S&P 500 Top 50 ETF by 57.7% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 25,687 shares of the company’s stock valued at $9,481,000 after acquiring an additional 9,399 shares during the period. Bogart Wealth LLC raised its position in shares of Invesco S&P 500 Top 50 ETF by 11.9% during the first quarter. Bogart Wealth LLC now owns 480 shares of the company’s stock valued at $169,000 after buying an additional 51 shares during the last quarter. Qube Research & Technologies Ltd raised its position in shares of Invesco S&P 500 Top 50 ETF by 40.1% during the fourth quarter. Qube Research & Technologies Ltd now owns 20,450 shares of the company’s stock valued at $7,548,000 after buying an additional 5,856 shares during the last quarter. Orion Portfolio Solutions LLC acquired a new position in shares of Invesco S&P 500 Top 50 ETF during the fourth quarter valued at about $285,000. Finally, Columbia Advisory Partners LLC raised its position in shares of Invesco S&P 500 Top 50 ETF by 13.0% during the first quarter. Columbia Advisory Partners LLC now owns 20,420 shares of the company’s stock valued at $7,177,000 after buying an additional 2,347 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Stock Down 0.7 %

Shares of XLG opened at $311.66 on Wednesday. The company has a 50-day simple moving average of $297.61 and a 200-day simple moving average of $320.59. Invesco S&P 500 Top 50 ETF has a 52 week low of $275.57 and a 52 week high of $374.77.

Invesco S&P 500 Top 50 ETF Company Profile

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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.

Further Reading

Institutional Ownership by Quarter for Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

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