OMNI 360 Wealth Inc. lifted its stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 138.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 35,510 shares of the company’s stock after purchasing an additional 20,629 shares during the period. Invesco S&P 500 Top 50 ETF makes up 1.1% of OMNI 360 Wealth Inc.’s investment portfolio, making the stock its 25th largest holding. OMNI 360 Wealth Inc.’s holdings in Invesco S&P 500 Top 50 ETF were worth $2,094,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors have also recently made changes to their positions in XLG. MCF Advisors LLC acquired a new stake in shares of Invesco S&P 500 Top 50 ETF in the third quarter valued at about $27,000. Godsey & Gibb Inc. acquired a new stake in shares of Invesco S&P 500 Top 50 ETF in the fourth quarter valued at about $30,000. New Republic Capital LLC lifted its stake in shares of Invesco S&P 500 Top 50 ETF by 90.5% in the third quarter. New Republic Capital LLC now owns 960 shares of the company’s stock valued at $55,000 after purchasing an additional 456 shares during the period. Reyes Financial Architecture Inc. acquired a new stake in shares of Invesco S&P 500 Top 50 ETF in the third quarter valued at about $55,000. Finally, Dagco Inc. acquired a new stake in shares of Invesco S&P 500 Top 50 ETF in the fourth quarter valued at about $57,000.
Invesco S&P 500 Top 50 ETF Trading Up 1.2%
Shares of XLG opened at $60.63 on Friday. The stock has a market cap of $10.67 billion, a P/E ratio of 27.80 and a beta of 1.05. The company has a 50-day moving average of $56.80 and a two-hundred day moving average of $58.12. Invesco S&P 500 Top 50 ETF has a 12-month low of $44.69 and a 12-month high of $60.66.
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.
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