Bank Hapoalim BM Acquires 97,275 Shares of Invesco S&P 500 Top 50 ETF $XLG

Bank Hapoalim BM boosted its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 59.1% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 262,000 shares of the company’s stock after acquiring an additional 97,275 shares during the quarter. Invesco S&P 500 Top 50 ETF makes up approximately 1.9% of Bank Hapoalim BM’s holdings, making the stock its 17th biggest holding. Bank Hapoalim BM’s holdings in Invesco S&P 500 Top 50 ETF were worth $15,070,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Soundwatch Capital LLC bought a new position in shares of Invesco S&P 500 Top 50 ETF in the second quarter worth about $1,790,000. Raymond James Financial Inc. increased its position in 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 purchasing an additional 588,257 shares in the last quarter. Principle Wealth Partners LLC lifted its stake in Invesco S&P 500 Top 50 ETF by 85.0% in the 2nd quarter. Principle Wealth Partners LLC now owns 2,682,223 shares of the company’s stock valued at $139,744,000 after purchasing an additional 1,232,337 shares during the last quarter. JPMorgan Chase & Co. boosted its position in Invesco S&P 500 Top 50 ETF by 32.0% in the second quarter. JPMorgan Chase & Co. now owns 2,464,746 shares of the company’s stock valued at $128,413,000 after buying an additional 597,737 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its stake in shares of Invesco S&P 500 Top 50 ETF by 2.6% during the second quarter. Bank of New York Mellon Corp now owns 2,464,075 shares of the company’s stock worth $128,378,000 after buying an additional 61,706 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Stock Performance

Shares of NYSEARCA:XLG opened at $58.85 on Friday. Invesco S&P 500 Top 50 ETF has a 52-week low of $39.50 and a 52-week high of $60.63. The company has a market capitalization of $11.52 billion, a PE ratio of 27.80 and a beta of 1.03. The company has a fifty day moving average of $59.15 and a 200-day moving average of $56.98.

About Invesco S&P 500 Top 50 ETF

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.