Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) is Columbia Advisory Partners LLC’s 10th Largest Position

Columbia Advisory Partners LLC trimmed its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 77.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 42,645 shares of the company’s stock after selling 143,259 shares during the period. Invesco S&P 500 Top 50 ETF accounts for 2.0% of Columbia Advisory Partners LLC’s holdings, making the stock its 10th biggest position. Columbia Advisory Partners LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $2,131,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in XLG. Oppenheimer & Co. Inc. increased its position in shares of Invesco S&P 500 Top 50 ETF by 46.1% during the second quarter. Oppenheimer & Co. Inc. now owns 68,734 shares of the company’s stock worth $3,145,000 after acquiring an additional 21,701 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 20.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 875,278 shares of the company’s stock worth $40,044,000 after acquiring an additional 151,025 shares during the period. Renaissance Technologies LLC grew its position in shares of Invesco S&P 500 Top 50 ETF by 81.7% in the second quarter. Renaissance Technologies LLC now owns 141,200 shares of the company’s stock valued at $6,460,000 after purchasing an additional 63,500 shares during the last quarter. Capstone Wealth Management Group LLC raised its holdings in Invesco S&P 500 Top 50 ETF by 27.6% in the 2nd quarter. Capstone Wealth Management Group LLC now owns 81,094 shares of the company’s stock valued at $3,710,000 after acquiring an additional 17,551 shares during the last quarter. Finally, Blair William & Co. IL boosted its position in shares of Invesco S&P 500 Top 50 ETF by 8.2% in the second quarter. Blair William & Co. IL now owns 24,010 shares of the company’s stock worth $1,098,000 after acquiring an additional 1,820 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Trading Down 0.1 %

Shares of XLG stock opened at $49.43 on Tuesday. Invesco S&P 500 Top 50 ETF has a 52 week low of $37.67 and a 52 week high of $51.76. The company’s fifty day simple moving average is $50.12 and its 200-day simple moving average is $47.77. The company has a market cap of $4.82 billion, a PE ratio of 2.92 and a beta of 1.08.

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.