JPMorgan Chase & Co. Acquires 24,527 Shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

JPMorgan Chase & Co. increased its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 3.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 723,678 shares of the company’s stock after buying an additional 24,527 shares during the period. JPMorgan Chase & Co.’s holdings in Invesco S&P 500 Top 50 ETF were worth $34,396,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. LPL Financial LLC boosted its holdings in Invesco S&P 500 Top 50 ETF by 10.2% during the third quarter. LPL Financial LLC now owns 7,979,467 shares of the company’s stock worth $379,264,000 after buying an additional 741,770 shares during the last quarter. Thrivent Financial for Lutherans raised its position in shares of Invesco S&P 500 Top 50 ETF by 868.3% in the 2nd quarter. Thrivent Financial for Lutherans now owns 664,259 shares of the company’s stock valued at $30,389,000 after acquiring an additional 595,661 shares during the period. Core Wealth Advisors Inc. bought a new position in Invesco S&P 500 Top 50 ETF during the 2nd quarter worth approximately $17,484,000. Raymond James & Associates grew its holdings in Invesco S&P 500 Top 50 ETF by 69.7% during the third quarter. Raymond James & Associates now owns 816,880 shares of the company’s stock valued at $38,826,000 after purchasing an additional 335,532 shares during the period. Finally, HighTower Advisors LLC increased its stake in Invesco S&P 500 Top 50 ETF by 27.7% in the third quarter. HighTower Advisors LLC now owns 925,321 shares of the company’s stock valued at $43,982,000 after purchasing an additional 200,879 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Stock Performance

XLG opened at $51.05 on Tuesday. The firm’s fifty day moving average is $49.85 and its two-hundred day moving average is $47.58. The firm has a market cap of $4.98 billion, a PE ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a twelve month low of $37.15 and a twelve month high of $51.76.

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.