Invesco S&P 500 Top 50 ETF $XLG Shares Purchased by Keystone Financial Group

Keystone Financial Group increased its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 4.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 287,094 shares of the company’s stock after acquiring an additional 11,516 shares during the quarter. Invesco S&P 500 Top 50 ETF makes up about 1.3% of Keystone Financial Group’s portfolio, making the stock its 19th biggest holding. Keystone Financial Group owned approximately 0.15% of Invesco S&P 500 Top 50 ETF worth $17,019,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in XLG. JPMorgan Chase & Co. grew its position in Invesco S&P 500 Top 50 ETF by 53.6% in the third quarter. JPMorgan Chase & Co. now owns 3,786,602 shares of the company’s stock worth $217,805,000 after acquiring an additional 1,321,856 shares during the period. Ameriprise Financial Inc. grew its position in Invesco S&P 500 Top 50 ETF by 46.6% in the third quarter. Ameriprise Financial Inc. now owns 2,296,020 shares of the company’s stock worth $132,108,000 after acquiring an additional 729,356 shares during the period. Raymond James Financial Inc. grew its position in Invesco S&P 500 Top 50 ETF by 25.8% in the second quarter. Raymond James Financial Inc. now owns 2,867,532 shares of the company’s stock worth $149,398,000 after acquiring an additional 588,257 shares during the period. Advocacy Wealth Management LLC grew its position in Invesco S&P 500 Top 50 ETF by 56.6% in the third quarter. Advocacy Wealth Management LLC now owns 1,094,754 shares of the company’s stock worth $62,970,000 after acquiring an additional 395,581 shares during the period. Finally, Johnson Financial Group Inc. grew its position in Invesco S&P 500 Top 50 ETF by 17.5% in the third quarter. Johnson Financial Group Inc. now owns 2,045,865 shares of the company’s stock worth $117,678,000 after acquiring an additional 304,958 shares during the period.

Invesco S&P 500 Top 50 ETF Stock Performance

Shares of Invesco S&P 500 Top 50 ETF stock opened at $63.49 on Friday. The firm has a market capitalization of $11.18 billion, a price-to-earnings ratio of 27.80 and a beta of 1.05. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $47.93 and a fifty-two week high of $64.33. The stock has a 50 day moving average of $58.59 and a 200 day moving average of $58.62.

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. 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.