Oppenheimer & Co. Inc. Increases Holdings in Invesco S&P 500 Top 50 ETF $XLG

Oppenheimer & Co. Inc. raised its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 28.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 72,704 shares of the company’s stock after acquiring an additional 16,191 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Invesco S&P 500 Top 50 ETF were worth $4,310,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also modified their holdings of the company. Jane Street Group LLC increased its stake in shares of Invesco S&P 500 Top 50 ETF by 444.6% in the 1st quarter. Jane Street Group LLC now owns 182,870 shares of the company’s stock worth $8,416,000 after purchasing an additional 149,290 shares in the last quarter. Russell Investments Group Ltd. increased its stake in shares of Invesco S&P 500 Top 50 ETF by 151.8% in the 2nd quarter. Russell Investments Group Ltd. now owns 1,536 shares of the company’s stock worth $80,000 after purchasing an additional 926 shares in the last quarter. Marshall Wace LLP purchased a new stake in shares of Invesco S&P 500 Top 50 ETF in the 2nd quarter worth $7,118,000. Qube Research & Technologies Ltd increased its stake in shares of Invesco S&P 500 Top 50 ETF by 230.7% in the 2nd quarter. Qube Research & Technologies Ltd now owns 9,629 shares of the company’s stock worth $502,000 after purchasing an additional 6,717 shares in the last quarter. Finally, Main Street Financial Solutions LLC increased its stake in shares of Invesco S&P 500 Top 50 ETF by 98.2% in the 2nd quarter. Main Street Financial Solutions LLC now owns 13,896 shares of the company’s stock worth $724,000 after purchasing an additional 6,886 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Price Performance

NYSEARCA:XLG opened at $61.30 on Friday. The firm has a market capitalization of $10.80 billion, a price-to-earnings ratio of 27.80 and a beta of 1.05. Invesco S&P 500 Top 50 ETF has a one year low of $45.82 and a one year high of $61.70. The business has a fifty day moving average price of $57.08 and a 200-day moving average price of $58.21.

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. 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.