Invesco S&P 500 Top 50 ETF $XLG Shares Purchased by Vertex Planning Partners LLC

Vertex Planning Partners LLC raised its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 101.8% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 169,614 shares of the company’s stock after acquiring an additional 85,572 shares during the period. Invesco S&P 500 Top 50 ETF makes up 1.9% of Vertex Planning Partners LLC’s investment portfolio, making the stock its 13th biggest holding. Vertex Planning Partners LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $9,756,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Belpointe Asset Management LLC lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 284.4% during the third quarter. Belpointe Asset Management LLC now owns 20,364 shares of the company’s stock worth $1,171,000 after purchasing an additional 15,067 shares during the period. Aspire Capital Advisors LLC increased its stake in Invesco S&P 500 Top 50 ETF by 55.1% in the 3rd quarter. Aspire Capital Advisors LLC now owns 133,700 shares of the company’s stock valued at $7,690,000 after buying an additional 47,513 shares during the period. Fortis Capital Advisors LLC purchased a new position in Invesco S&P 500 Top 50 ETF during the 3rd quarter worth $869,000. Retirement Planning Group LLC NY purchased a new position in Invesco S&P 500 Top 50 ETF during the 3rd quarter worth $533,000. Finally, Cannon Advisors Inc. lifted its stake in shares of Invesco S&P 500 Top 50 ETF by 40.4% in the 3rd quarter. Cannon Advisors Inc. now owns 29,829 shares of the company’s stock worth $1,732,000 after acquiring an additional 8,584 shares during the period.

Invesco S&P 500 Top 50 ETF Stock Up 0.0%

Shares of NYSEARCA:XLG opened at $56.38 on Wednesday. The company has a market cap of $10.97 billion, a price-to-earnings ratio of 27.80 and a beta of 1.03. The firm’s 50-day simple moving average is $57.94 and its 200-day simple moving average is $58.16. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $39.50 and a fifty-two week high of $60.63.

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. The Russell 3000 Index is an unmanaged capitalization-weighted index that offers investors access to the United States equity universe representing approximately 98% of the United States equity market.