Compass Ion Advisors LLC Has $1.66 Million Holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Compass Ion Advisors LLC lifted its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 63.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 33,260 shares of the company’s stock after buying an additional 12,964 shares during the period. Compass Ion Advisors LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $1,662,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Thrivent Financial for Lutherans increased its holdings in Invesco S&P 500 Top 50 ETF by 3.4% in the fourth quarter. Thrivent Financial for Lutherans now owns 837,756 shares of the company’s stock valued at $41,836,000 after purchasing an additional 27,278 shares during the period. Flagship Wealth Advisors LLC acquired a new stake in Invesco S&P 500 Top 50 ETF in the fourth quarter valued at $435,000. Corient Private Wealth LLC acquired a new stake in Invesco S&P 500 Top 50 ETF in the fourth quarter valued at $384,000. Diversified Enterprises LLC increased its holdings in Invesco S&P 500 Top 50 ETF by 5.0% in the fourth quarter. Diversified Enterprises LLC now owns 32,343 shares of the company’s stock valued at $1,616,000 after purchasing an additional 1,551 shares during the period. Finally, Commonwealth Equity Services LLC increased its holdings in Invesco S&P 500 Top 50 ETF by 12.9% in the fourth quarter. Commonwealth Equity Services LLC now owns 461,529 shares of the company’s stock valued at $23,058,000 after purchasing an additional 52,900 shares during the period.

Invesco S&P 500 Top 50 ETF Stock Down 1.4 %

NYSEARCA XLG opened at $46.19 on Wednesday. The company has a market capitalization of $8.08 billion, a price-to-earnings ratio of 26.40 and a beta of 1.01. Invesco S&P 500 Top 50 ETF has a twelve month low of $39.75 and a twelve month high of $51.80. The stock has a fifty day simple moving average of $49.80 and a 200 day simple moving average of $49.06.

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.