CoreCap Advisors LLC Buys 16,309 Shares of Invesco S&P 500 Top 50 ETF $XLG

CoreCap Advisors LLC grew its position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 97.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 32,978 shares of the company’s stock after buying an additional 16,309 shares during the period. CoreCap Advisors LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $1,955,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. MCF Advisors LLC acquired a new position in Invesco S&P 500 Top 50 ETF in the 3rd quarter worth $27,000. New Republic Capital LLC grew its stake in shares of Invesco S&P 500 Top 50 ETF by 90.5% during the 3rd quarter. New Republic Capital LLC now owns 960 shares of the company’s stock worth $55,000 after acquiring an additional 456 shares in the last quarter. Reyes Financial Architecture Inc. bought a new position in shares of Invesco S&P 500 Top 50 ETF during the 3rd quarter worth approximately $55,000. Dagco Inc. acquired a new stake in shares of Invesco S&P 500 Top 50 ETF in the fourth quarter valued at approximately $57,000. Finally, Transce3nd LLC raised its holdings in shares of Invesco S&P 500 Top 50 ETF by 36.8% in the second quarter. Transce3nd LLC now owns 1,127 shares of the company’s stock valued at $59,000 after purchasing an additional 303 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Stock Down 1.9%

Shares of XLG stock opened at $52.92 on Friday. Invesco S&P 500 Top 50 ETF has a 12 month low of $39.50 and a 12 month high of $60.63. The company’s fifty day simple moving average is $57.20 and its 200-day simple moving average is $58.11. The firm has a market cap of $10.29 billion, a PE ratio of 27.80 and a beta of 1.03.

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. 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.