Invesco S&P 500 Top 50 ETF $XLG Shares Purchased by Core Wealth Advisors Inc.

Core Wealth Advisors Inc. boosted its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 5.7% during the 1st quarter, HoldingsChannel reports. The firm owned 389,962 shares of the company’s stock after purchasing an additional 21,090 shares during the period. Invesco S&P 500 Top 50 ETF accounts for approximately 5.1% of Core Wealth Advisors Inc.’s investment portfolio, making the stock its 5th biggest holding. Core Wealth Advisors Inc.’s holdings in Invesco S&P 500 Top 50 ETF were worth $21,272,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of XLG. Gateway Wealth Partners LLC purchased a new stake in shares of Invesco S&P 500 Top 50 ETF in the first quarter valued at about $3,234,000. Compound Planning Inc. purchased a new position in shares of Invesco S&P 500 Top 50 ETF during the first quarter worth about $225,000. Modern Wealth Management LLC purchased a new position in shares of Invesco S&P 500 Top 50 ETF during the first quarter worth about $1,475,000. Lido Advisors LLC increased its position in Invesco S&P 500 Top 50 ETF by 6.2% in the 1st quarter. Lido Advisors LLC now owns 1,327,458 shares of the company’s stock valued at $72,413,000 after acquiring an additional 77,171 shares during the period. Finally, Goepper Burkhardt LLC acquired a new position in Invesco S&P 500 Top 50 ETF in the 1st quarter valued at about $296,000.

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

XLG opened at $59.72 on Wednesday. The business has a 50 day moving average price of $61.74 and a two-hundred day moving average price of $59.47. The company has a market cap of $10.43 billion, a PE ratio of 27.80 and a beta of 1.06. Invesco S&P 500 Top 50 ETF has a 52 week low of $52.60 and a 52 week 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.