Oppenheimer & Co. Inc. Acquires 21,701 Shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Oppenheimer & Co. Inc. lifted its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 46.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 68,734 shares of the company’s stock after purchasing an additional 21,701 shares during the period. Oppenheimer & Co. Inc. owned 0.07% of Invesco S&P 500 Top 50 ETF worth $3,145,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Voisard Asset Management Group Inc. bought a new stake in shares of Invesco S&P 500 Top 50 ETF during the 4th quarter valued at about $28,000. Pineridge Advisors LLC bought a new stake in shares of Invesco S&P 500 Top 50 ETF during the 2nd quarter valued at about $42,000. YHB Investment Advisors Inc. bought a new stake in shares of Invesco S&P 500 Top 50 ETF during the 1st quarter valued at about $59,000. International Assets Investment Management LLC bought a new position in Invesco S&P 500 Top 50 ETF in the second quarter worth approximately $73,000. Finally, VitalStone Financial LLC boosted its holdings in Invesco S&P 500 Top 50 ETF by 21.7% in the first quarter. VitalStone Financial LLC now owns 1,789 shares of the company’s stock worth $75,000 after acquiring an additional 319 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Stock Performance

Shares of NYSEARCA:XLG opened at $46.45 on Monday. The business’s 50 day simple moving average is $45.67 and its two-hundred day simple moving average is $43.87. The firm has a market cap of $4.53 billion, a P/E ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a 52-week low of $32.74 and a 52-week high of $47.99.

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.