Invesco S&P 500 Top 50 ETF $XLG Shares Purchased by Bush Investment Group LLC

Bush Investment Group LLC boosted its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 104.3% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 63,209 shares of the company’s stock after acquiring an additional 32,272 shares during the quarter. Invesco S&P 500 Top 50 ETF comprises 2.2% of Bush Investment Group LLC’s holdings, making the stock its 14th biggest position. Bush Investment Group LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $3,636,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its holdings in shares of Invesco S&P 500 Top 50 ETF by 7.4% in the third quarter. Bank of America Corp DE now owns 4,248,330 shares of the company’s stock valued at $244,364,000 after acquiring an additional 291,048 shares during the period. JPMorgan Chase & Co. grew its position in shares of Invesco S&P 500 Top 50 ETF by 53.6% during the third quarter. JPMorgan Chase & Co. now owns 3,786,602 shares of the company’s stock worth $217,805,000 after acquiring an additional 1,321,856 shares during the last quarter. Soundwatch Capital LLC acquired a new position in shares of Invesco S&P 500 Top 50 ETF in the 2nd quarter valued at $1,790,000. Raymond James Financial Inc. increased its holdings in shares of Invesco S&P 500 Top 50 ETF by 1.2% in the 3rd quarter. Raymond James Financial Inc. now owns 2,900,899 shares of the company’s stock valued at $166,860,000 after acquiring an additional 33,367 shares during the period. Finally, Principle Wealth Partners LLC raised its position in Invesco S&P 500 Top 50 ETF by 2.2% in the 3rd quarter. Principle Wealth Partners LLC now owns 2,741,301 shares of the company’s stock valued at $157,680,000 after purchasing an additional 59,078 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of NYSEARCA:XLG opened at $55.54 on Thursday. The stock has a market cap of $10.80 billion, a P/E ratio of 27.80 and a beta of 1.03. The firm has a fifty day moving average price of $57.87 and a 200 day moving average price of $58.14. Invesco S&P 500 Top 50 ETF has a 1-year low of $39.50 and a 1-year high of $60.63.

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.