Lee Johnson Capital Management LLC Raises Stock Holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Lee Johnson Capital Management LLC grew its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 2.1% during the fourth quarter, HoldingsChannel.com reports. The fund owned 72,076 shares of the company’s stock after buying an additional 1,449 shares during the quarter. Invesco S&P 500 Top 50 ETF accounts for about 1.9% of Lee Johnson Capital Management LLC’s portfolio, making the stock its 20th biggest position. Lee Johnson Capital Management LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $3,601,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. LPL Financial LLC grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 10.2% in the third quarter. LPL Financial LLC now owns 7,979,467 shares of the company’s stock worth $379,264,000 after acquiring an additional 741,770 shares during the period. Thrivent Financial for Lutherans boosted its position in Invesco S&P 500 Top 50 ETF by 868.3% in the second quarter. Thrivent Financial for Lutherans now owns 664,259 shares of the company’s stock worth $30,389,000 after purchasing an additional 595,661 shares during the last quarter. Core Wealth Advisors Inc. bought a new stake in shares of Invesco S&P 500 Top 50 ETF during the 2nd quarter valued at about $17,484,000. Raymond James & Associates increased its position in shares of Invesco S&P 500 Top 50 ETF by 69.7% during the 3rd 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 last quarter. Finally, HighTower Advisors LLC increased its position in shares of Invesco S&P 500 Top 50 ETF by 27.7% during the 3rd 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 during the last quarter.

Invesco S&P 500 Top 50 ETF Trading Up 1.3 %

Shares of NYSEARCA XLG opened at $50.48 on Monday. Invesco S&P 500 Top 50 ETF has a 12-month low of $38.01 and a 12-month high of $51.76. The firm has a market capitalization of $4.92 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08. The firm has a 50 day moving average of $50.18 and a 200 day moving average of $47.87.

Invesco S&P 500 Top 50 ETF 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.