XML Financial LLC purchased a new position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 50,646 shares of the company’s stock, valued at approximately $3,234,000.
Several other institutional investors have also recently added to or reduced their stakes in XLG. Birchbrook Inc. acquired a new stake in Invesco S&P 500 Top 50 ETF in the fourth quarter valued at $27,000. Deutsche Bank AG acquired a new position in Invesco S&P 500 Top 50 ETF during the 4th quarter worth $27,000. Group One Trading LLC grew its holdings in Invesco S&P 500 Top 50 ETF by 100.9% during the 4th quarter. Group One Trading LLC now owns 507 shares of the company’s stock worth $30,000 after acquiring an additional 57,871 shares in the last quarter. Legacy Wealth Managment LLC ID bought a new stake in shares of Invesco S&P 500 Top 50 ETF in the 4th quarter worth about $38,000. Finally, Beacon Investment Advisory Services Inc. bought a new stake in shares of Invesco S&P 500 Top 50 ETF in the 2nd quarter worth about $61,000.
Invesco S&P 500 Top 50 ETF Stock Performance
Shares of Invesco S&P 500 Top 50 ETF stock opened at $62.13 on Wednesday. The firm has a market cap of $10.84 billion, a PE ratio of 27.80 and a beta of 1.06. The firm’s 50-day simple moving average is $61.53 and its 200-day simple moving average is $60.09. Invesco S&P 500 Top 50 ETF has a 1 year low of $52.60 and a 1 year high of $64.77.
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.
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