Greystone Financial Group LLC Acquires Shares of 37,918 Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Greystone Financial Group LLC bought a new position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 37,918 shares of the company’s stock, valued at approximately $1,802,000.

Several other institutional investors have also made changes to their positions in the company. LPL Financial LLC boosted its stake 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 worth $331,125,000 after purchasing an additional 448,925 shares during the period. Raymond James Financial Services Advisors Inc. boosted its position in shares of Invesco S&P 500 Top 50 ETF by 20.6% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,305,381 shares of the company’s stock worth $59,721,000 after buying an additional 223,301 shares during the period. GPS Wealth Strategies Group LLC grew its holdings in shares of 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 in the last quarter. Envestnet Asset Management Inc. raised its position in 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 buying an additional 151,025 shares during the period. Finally, Raymond James & Associates lifted its stake in Invesco S&P 500 Top 50 ETF by 69.7% in the 3rd quarter. Raymond James & Associates now owns 816,880 shares of the company’s stock worth $38,826,000 after acquiring an additional 335,532 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Price Performance

NYSEARCA:XLG opened at $47.94 on Thursday. The stock has a market cap of $4.67 billion, a PE ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $32.74 and a fifty-two week high of $48.74. The stock’s 50-day moving average is $46.84 and its two-hundred day moving average is $44.98.

Invesco S&P 500 Top 50 ETF Company 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.