ELCO Management Co. LLC bought a new stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 8,800 shares of the company’s stock, valued at approximately $403,000.
A number of other institutional investors and hedge funds also recently bought and sold shares of XLG. Game Plan Financial Advisors LLC grew its position in shares of Invesco S&P 500 Top 50 ETF by 7.1% during the second quarter. Game Plan Financial Advisors LLC now owns 4,140 shares of the company’s stock valued at $189,000 after purchasing an additional 275 shares in the last quarter. VitalStone Financial LLC raised its position in shares of Invesco S&P 500 Top 50 ETF by 21.7% during the 1st quarter. VitalStone Financial LLC now owns 1,789 shares of the company’s stock valued at $75,000 after buying an additional 319 shares in the last quarter. Almanack Investment Partners LLC. increased its position in shares of Invesco S&P 500 Top 50 ETF by 3.1% during the 1st quarter. Almanack Investment Partners LLC. now owns 11,236 shares of the company’s stock valued at $473,000 after purchasing an additional 334 shares during the last quarter. Zimmermann Investment Management & Planning LLC raised its stake in shares of Invesco S&P 500 Top 50 ETF by 5.5% in the second quarter. Zimmermann Investment Management & Planning LLC now owns 6,769 shares of the company’s stock valued at $310,000 after acquiring an additional 353 shares during the period. Finally, Horizon Wealth Management LLC raised its holdings in shares of Invesco S&P 500 Top 50 ETF by 2.1% in the second quarter. Horizon Wealth Management LLC now owns 17,513 shares of the company’s stock worth $801,000 after buying an additional 358 shares during the period.
Invesco S&P 500 Top 50 ETF Stock Up 0.4 %
XLG opened at $47.31 on Wednesday. Invesco S&P 500 Top 50 ETF has a 52 week low of $32.74 and a 52 week high of $47.99. The stock’s fifty day moving average is $45.59 and its two-hundred day moving average is $44.13. The company has a market capitalization of $4.61 billion, a P/E ratio of 2.92 and a beta of 1.08.
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.
Featured Articles
- Five stocks we like better than Invesco S&P 500 Top 50 ETF
- What Is WallStreetBets and What Stocks Are They Targeting?
- FedEx Stock Dips: Why Analysts See a Quick Rebound Coming
- Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness
- PayPal Soars to New Heights: Why Analysts See More Upside
- What is a Bond Market Holiday? How to Invest and Trade
- Oracle Stock: Cloud and AI Tailwinds Makes This a Must-Own Stock
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).
Receive News & Ratings for Invesco S&P 500 Top 50 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Top 50 ETF and related companies with MarketBeat.com's FREE daily email newsletter.