Global Retirement Partners LLC Has $21.66 Million Position in Invesco S&P 500 Top 50 ETF $XLG

Global Retirement Partners LLC lifted its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 13.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 376,592 shares of the company’s stock after acquiring an additional 45,567 shares during the period. Global Retirement Partners LLC owned approximately 0.20% of Invesco S&P 500 Top 50 ETF worth $21,662,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in XLG. Soundwatch Capital LLC bought a new stake in Invesco S&P 500 Top 50 ETF during the second quarter worth $1,790,000. Raymond James Financial Inc. raised its holdings in shares of Invesco S&P 500 Top 50 ETF by 25.8% during the 2nd quarter. Raymond James Financial Inc. now owns 2,867,532 shares of the company’s stock worth $149,398,000 after buying an additional 588,257 shares in the last quarter. Principle Wealth Partners LLC lifted its position in shares of Invesco S&P 500 Top 50 ETF by 85.0% during the 2nd quarter. Principle Wealth Partners LLC now owns 2,682,223 shares of the company’s stock worth $139,744,000 after buying an additional 1,232,337 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of Invesco S&P 500 Top 50 ETF by 32.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,464,746 shares of the company’s stock worth $128,413,000 after buying an additional 597,737 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in Invesco S&P 500 Top 50 ETF by 2.6% in the second quarter. Bank of New York Mellon Corp now owns 2,464,075 shares of the company’s stock valued at $128,378,000 after buying an additional 61,706 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Trading Down 0.4%

Shares of NYSEARCA XLG opened at $59.07 on Friday. The company has a market cap of $11.36 billion, a price-to-earnings ratio of 27.80 and a beta of 1.03. Invesco S&P 500 Top 50 ETF has a 12 month low of $39.50 and a 12 month high of $60.63. The stock has a 50-day moving average price of $59.21 and a two-hundred day moving average price of $56.40.

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. 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.