Leavell Investment Management Inc. Has $3.75 Million Position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Leavell Investment Management Inc. boosted its position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 40.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 75,000 shares of the company’s stock after purchasing an additional 21,441 shares during the quarter. Leavell Investment Management Inc.’s holdings in Invesco S&P 500 Top 50 ETF were worth $3,747,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the company. LPL Financial LLC grew its stake in shares of Invesco S&P 500 Top 50 ETF by 10.2% during the 3rd 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 in the last quarter. Raymond James & Associates boosted 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 worth $38,826,000 after purchasing an additional 335,532 shares during the last quarter. Bank Hapoalim BM acquired a new position in Invesco S&P 500 Top 50 ETF during the fourth quarter worth $13,289,000. HighTower Advisors LLC grew its position 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. Finally, Stratos Wealth Partners LTD. increased its stake in Invesco S&P 500 Top 50 ETF by 66.5% in the 4th quarter. Stratos Wealth Partners LTD. now owns 476,332 shares of the company’s stock valued at $23,798,000 after buying an additional 190,180 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of NYSEARCA:XLG opened at $51.06 on Wednesday. The company’s 50-day moving average price is $50.69 and its two-hundred day moving average price is $48.35. Invesco S&P 500 Top 50 ETF has a one year low of $39.75 and a one year high of $51.80. The stock has a market capitalization of $4.98 billion, a PE ratio of 2.92 and a beta of 1.08.

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.