Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) Shares Bought by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. boosted its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 30.7% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 358,964 shares of the company’s stock after buying an additional 84,243 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Invesco S&P 500 Top 50 ETF were worth $16,423,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of XLG. Voisard Asset Management Group Inc. purchased a new stake in Invesco S&P 500 Top 50 ETF in the 4th quarter valued at about $28,000. Pineridge Advisors LLC acquired a new stake in shares of Invesco S&P 500 Top 50 ETF during the second quarter worth about $42,000. YHB Investment Advisors Inc. acquired a new position in Invesco S&P 500 Top 50 ETF during the first quarter worth approximately $59,000. International Assets Investment Management LLC purchased a new stake in Invesco S&P 500 Top 50 ETF in the second quarter valued at approximately $73,000. Finally, VitalStone Financial LLC increased its stake 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 valued at $75,000 after purchasing an additional 319 shares during the period.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of NYSEARCA XLG opened at $47.53 on Tuesday. The company has a market cap of $4.63 billion, a PE ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a 1-year low of $32.74 and a 1-year high of $47.99. The stock has a fifty day moving average price of $45.66 and a 200 day moving average price of $44.26.

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.