Cypress Wealth Services LLC purchased a new position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 10,970 shares of the company’s stock, valued at approximately $650,000.
A number of other institutional investors and hedge funds have also recently bought and sold shares of XLG. MCF Advisors LLC purchased a new stake in shares of Invesco S&P 500 Top 50 ETF during the third quarter valued at approximately $27,000. New Republic Capital LLC lifted its position in shares of Invesco S&P 500 Top 50 ETF by 90.5% during the third quarter. New Republic Capital LLC now owns 960 shares of the company’s stock worth $55,000 after purchasing an additional 456 shares in the last quarter. Reyes Financial Architecture Inc. purchased a new position in shares of Invesco S&P 500 Top 50 ETF in the third quarter valued at $55,000. Dagco Inc. purchased a new position in shares of Invesco S&P 500 Top 50 ETF in the fourth quarter valued at $57,000. Finally, CGC Financial Services LLC grew its holdings in Invesco S&P 500 Top 50 ETF by 193.1% during the 3rd quarter. CGC Financial Services LLC now owns 1,026 shares of the company’s stock valued at $59,000 after purchasing an additional 676 shares in the last quarter.
Invesco S&P 500 Top 50 ETF Price Performance
Invesco S&P 500 Top 50 ETF stock opened at $52.92 on Monday. 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 has a market capitalization of $10.29 billion, a price-to-earnings ratio of 27.80 and a beta of 1.03. The firm’s fifty day moving average price is $57.20 and its 200 day moving average price is $58.12.
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.
Further Reading
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