Invesco S&P 500 Top 50 ETF $XLG Position Boosted by Quattro Financial Advisors LLC

Quattro Financial Advisors LLC increased its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 42.8% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 482,543 shares of the company’s stock after buying an additional 144,683 shares during the period. Invesco S&P 500 Top 50 ETF accounts for 6.6% of Quattro Financial Advisors LLC’s holdings, making the stock its 3rd biggest position. Quattro Financial Advisors LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $30,695,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in XLG. Birch Capital Management LLC acquired a new stake in Invesco S&P 500 Top 50 ETF during the second quarter valued at $27,000. Godsey & Gibb Inc. purchased a new position in Invesco S&P 500 Top 50 ETF in the third quarter valued at $32,000. Atlantic Private Wealth LLC acquired a new position in shares of Invesco S&P 500 Top 50 ETF in the second quarter worth about $57,000. Beacon Investment Advisory Services Inc. purchased a new stake in shares of Invesco S&P 500 Top 50 ETF during the 2nd quarter worth about $61,000. Finally, Ancora Advisors LLC purchased a new stake in shares of Invesco S&P 500 Top 50 ETF during the 2nd quarter worth about $72,000.

Invesco S&P 500 Top 50 ETF Stock Down 0.1%

NYSEARCA:XLG opened at $63.88 on Friday. Invesco S&P 500 Top 50 ETF has a 52 week low of $52.60 and a 52 week high of $65.26. The stock has a market capitalization of $11.84 billion, a PE ratio of 27.80 and a beta of 1.06. The stock’s 50-day moving average price is $63.26 and its 200-day moving average price is $61.71.

About Invesco S&P 500 Top 50 ETF

Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) is an exchange-traded fund managed by Invesco Ltd. The fund seeks to provide investment results that generally correspond to the performance of the S&P 500 Top 50 Index, which is designed to track the 50 largest companies in the S&P 500 Index.

XLG provides focused exposure to large-cap U.S. equities across a range of industries, including information technology, consumer, health care, financial services and communications. Its holdings are generally weighted according to the methodology of the underlying index, giving investors access to many of the largest publicly traded companies in the United States through a single fund.

The fund began operations in 2005 and is listed on NYSE Arca.