Thrivent Financial for Lutherans Grows Stock Holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Thrivent Financial for Lutherans lifted its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 868.3% during the second quarter, Holdings Channel reports. The institutional investor owned 664,259 shares of the company’s stock after purchasing an additional 595,661 shares during the period. Thrivent Financial for Lutherans’ holdings in Invesco S&P 500 Top 50 ETF were worth $30,389,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Garden State Investment Advisory Services LLC purchased a new stake in Invesco S&P 500 Top 50 ETF in the 2nd quarter worth $211,000. AE Wealth Management LLC lifted its stake in Invesco S&P 500 Top 50 ETF by 205.3% in the 2nd quarter. AE Wealth Management LLC now owns 29,805 shares of the company’s stock worth $1,364,000 after purchasing an additional 20,042 shares in the last quarter. Cedar Wealth Management LLC lifted its stake in Invesco S&P 500 Top 50 ETF by 24.8% in the 2nd quarter. Cedar Wealth Management LLC now owns 294,083 shares of the company’s stock worth $13,454,000 after purchasing an additional 58,352 shares in the last quarter. Brighton Jones LLC lifted its stake in Invesco S&P 500 Top 50 ETF by 27.0% in the 2nd quarter. Brighton Jones LLC now owns 7,599 shares of the company’s stock worth $348,000 after purchasing an additional 1,617 shares in the last quarter. Finally, Carolinas Wealth Consulting LLC lifted its stake in Invesco S&P 500 Top 50 ETF by 15.4% in the 2nd quarter. Carolinas Wealth Consulting LLC now owns 13,964 shares of the company’s stock worth $639,000 after purchasing an additional 1,864 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Stock Up 0.1 %

Shares of XLG stock opened at $47.11 on Tuesday. The stock has a market cap of $4.59 billion, a P/E ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a 52 week low of $32.74 and a 52 week high of $47.99. The company’s fifty day simple moving average is $45.59 and its two-hundred day simple moving average is $44.09.

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.