Modern Wealth Management LLC bought a new position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) during the first quarter, Holdings Channel.com reports. The fund bought 26,851 shares of the company’s stock, valued at approximately $1,475,000.
A number of other large investors have also recently made changes to their positions in XLG. Birchbrook Inc. purchased a new position in Invesco S&P 500 Top 50 ETF in the fourth quarter worth approximately $27,000. Deutsche Bank AG purchased a new stake in shares of Invesco S&P 500 Top 50 ETF in the 4th quarter valued at approximately $27,000. Godsey & Gibb Inc. acquired a new stake in shares of Invesco S&P 500 Top 50 ETF in the 4th quarter valued at $30,000. Group One Trading LLC raised its holdings in shares of Invesco S&P 500 Top 50 ETF by 100.9% in the 4th quarter. Group One Trading LLC now owns 507 shares of the company’s stock valued at $30,000 after purchasing an additional 57,871 shares in the last quarter. Finally, Legacy Wealth Managment LLC ID purchased a new stake in shares of Invesco S&P 500 Top 50 ETF during the 4th quarter worth $38,000.
Invesco S&P 500 Top 50 ETF Trading Down 0.2%
Invesco S&P 500 Top 50 ETF stock opened at $59.98 on Friday. The company has a fifty day simple moving average of $61.88 and a 200-day simple moving average of $59.47. The stock has a market cap of $10.48 billion, a P/E ratio of 27.80 and a beta of 1.06. Invesco S&P 500 Top 50 ETF has a 12-month low of $52.60 and a 12-month high of $64.77.
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.
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Want to see what other hedge funds are holding XLG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report).
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