Apexium Financial LP Lowers Stock Holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Apexium Financial LP trimmed its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 0.2% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 543,733 shares of the company’s stock after selling 955 shares during the quarter. Invesco S&P 500 Top 50 ETF comprises approximately 1.6% of Apexium Financial LP’s portfolio, making the stock its 10th biggest position. Apexium Financial LP owned about 0.56% of Invesco S&P 500 Top 50 ETF worth $27,165,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of XLG. Integrated Wealth Concepts LLC boosted its stake in shares of Invesco S&P 500 Top 50 ETF by 5.0% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 182,494 shares of the company’s stock worth $8,674,000 after buying an additional 8,687 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of Invesco S&P 500 Top 50 ETF by 3.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 723,678 shares of the company’s stock valued at $34,396,000 after purchasing an additional 24,527 shares during the last quarter. Cetera Investment Advisers lifted its stake in shares of Invesco S&P 500 Top 50 ETF by 37.9% in the 2nd quarter. Cetera Investment Advisers now owns 251,440 shares of the company’s stock worth $11,503,000 after purchasing an additional 69,107 shares during the period. Keystone Wealth Services LLC boosted its holdings in shares of Invesco S&P 500 Top 50 ETF by 5.5% in the third quarter. Keystone Wealth Services LLC now owns 47,023 shares of the company’s stock worth $2,235,000 after buying an additional 2,457 shares during the last quarter. Finally, Claro Advisors LLC bought a new stake in Invesco S&P 500 Top 50 ETF during the third quarter valued at approximately $422,000.

Invesco S&P 500 Top 50 ETF Trading Down 0.3 %

XLG opened at $51.47 on Monday. The firm’s 50 day simple moving average is $50.36 and its two-hundred day simple moving average is $48.00. The company has a market capitalization of $5.02 billion, a PE ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a 1-year low of $38.82 and a 1-year high of $51.80.

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.