MML Investors Services LLC Acquires 81,838 Shares of Invesco S&P 500 Top 50 ETF $XLG

MML Investors Services LLC increased its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 10.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 862,918 shares of the company’s stock after buying an additional 81,838 shares during the period. MML Investors Services LLC owned 0.44% of Invesco S&P 500 Top 50 ETF worth $51,154,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in XLG. Jane Street Group LLC raised its position in shares of Invesco S&P 500 Top 50 ETF by 444.6% in the first quarter. Jane Street Group LLC now owns 182,870 shares of the company’s stock valued at $8,416,000 after buying an additional 149,290 shares in the last quarter. Russell Investments Group Ltd. raised its position in shares of Invesco S&P 500 Top 50 ETF by 151.8% in the second quarter. Russell Investments Group Ltd. now owns 1,536 shares of the company’s stock valued at $80,000 after buying an additional 926 shares in the last quarter. Marshall Wace LLP acquired a new stake in shares of Invesco S&P 500 Top 50 ETF in the second quarter valued at approximately $7,118,000. Qube Research & Technologies Ltd raised its position in shares of Invesco S&P 500 Top 50 ETF by 230.7% in the second quarter. Qube Research & Technologies Ltd now owns 9,629 shares of the company’s stock valued at $502,000 after buying an additional 6,717 shares in the last quarter. Finally, Main Street Financial Solutions LLC raised its position in shares of Invesco S&P 500 Top 50 ETF by 98.2% in the second quarter. Main Street Financial Solutions LLC now owns 13,896 shares of the company’s stock valued at $724,000 after buying an additional 6,886 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Trading Up 1.9%

NYSEARCA XLG opened at $62.47 on Tuesday. Invesco S&P 500 Top 50 ETF has a 1-year low of $49.68 and a 1-year high of $64.77. The company has a 50 day moving average of $61.29 and a 200-day moving average of $59.14. The company has a market cap of $11.00 billion, a price-to-earnings ratio of 27.80 and a beta of 1.05.

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.