Brookstone Capital Management Sells 6,857 Shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Brookstone Capital Management lowered its stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 7.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 84,818 shares of the company’s stock after selling 6,857 shares during the quarter. Brookstone Capital Management owned about 0.09% of Invesco S&P 500 Top 50 ETF worth $4,238,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in XLG. Concord Wealth Partners bought a new stake in Invesco S&P 500 Top 50 ETF during the third quarter valued at about $47,000. Investors Research Corp raised its stake in Invesco S&P 500 Top 50 ETF by 126.7% during the 3rd quarter. Investors Research Corp now owns 1,909 shares of the company’s stock valued at $91,000 after purchasing an additional 1,067 shares during the period. Centennial Bank AR purchased a new position in Invesco S&P 500 Top 50 ETF in the 2nd quarter worth approximately $101,000. Assetmark Inc. boosted its stake in Invesco S&P 500 Top 50 ETF by 2,175.0% in the 3rd quarter. Assetmark Inc. now owns 2,366 shares of the company’s stock worth $112,000 after purchasing an additional 2,262 shares during the period. Finally, VitalStone Financial LLC grew its holdings in Invesco S&P 500 Top 50 ETF by 10.7% during the 3rd quarter. VitalStone Financial LLC now owns 2,691 shares of the company’s stock valued at $128,000 after buying an additional 260 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Stock Performance

XLG stock opened at $49.22 on Wednesday. The company’s fifty day moving average price is $50.14 and its 200-day moving average price is $47.79. Invesco S&P 500 Top 50 ETF has a one year low of $37.67 and a one year high of $51.76. The company has a market capitalization of $4.80 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.