LWM Advisory Services LLC Reduces Position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

LWM Advisory Services LLC decreased its position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 0.7% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 54,695 shares of the company’s stock after selling 385 shares during the period. Invesco S&P 500 Top 50 ETF comprises approximately 2.1% of LWM Advisory Services LLC’s portfolio, making the stock its 14th biggest holding. LWM Advisory Services LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $2,502,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Voisard Asset Management Group Inc. purchased a new position in shares of Invesco S&P 500 Top 50 ETF in the 4th quarter valued at approximately $28,000. Pineridge Advisors LLC purchased a new stake in shares of Invesco S&P 500 Top 50 ETF in the 2nd quarter worth about $42,000. YHB Investment Advisors Inc. bought a new position in shares of Invesco S&P 500 Top 50 ETF in the 1st quarter worth about $59,000. International Assets Investment Management LLC purchased a new stake in Invesco S&P 500 Top 50 ETF during the 2nd quarter valued at $73,000. Finally, VitalStone Financial LLC increased its holdings in shares of Invesco S&P 500 Top 50 ETF by 21.7% in the 1st quarter. VitalStone Financial LLC now owns 1,789 shares of the company’s stock worth $75,000 after purchasing an additional 319 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of NYSEARCA:XLG opened at $46.32 on Friday. Invesco S&P 500 Top 50 ETF has a 1 year low of $32.74 and a 1 year high of $47.99. The company has a market cap of $4.52 billion, a P/E ratio of 2.92 and a beta of 1.08. The stock’s fifty day moving average price is $45.69 and its 200-day moving average price is $43.79.

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.