18,094 Shares in Invesco S&P 500 Top 50 ETF $XLG Purchased by Founders Financial Securities LLC

Founders Financial Securities LLC acquired a new position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 18,094 shares of the company’s stock, valued at approximately $1,073,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of XLG. Aspire Capital Advisors LLC grew its position in Invesco S&P 500 Top 50 ETF by 55.1% in the 3rd quarter. Aspire Capital Advisors LLC now owns 133,700 shares of the company’s stock valued at $7,690,000 after acquiring an additional 47,513 shares in the last quarter. Johnson Financial Group Inc. grew its position in Invesco S&P 500 Top 50 ETF by 17.5% in the 3rd quarter. Johnson Financial Group Inc. now owns 2,045,865 shares of the company’s stock valued at $117,678,000 after acquiring an additional 304,958 shares in the last quarter. Cypress Wealth Services LLC acquired a new position in Invesco S&P 500 Top 50 ETF in the 4th quarter valued at about $650,000. Sound Income Strategies LLC grew its position in Invesco S&P 500 Top 50 ETF by 4,166.5% in the 4th quarter. Sound Income Strategies LLC now owns 35,753 shares of the company’s stock valued at $2,104,000 after acquiring an additional 34,915 shares in the last quarter. Finally, Elevation Capital Advisory LLC grew its position in Invesco S&P 500 Top 50 ETF by 26.1% in the 4th quarter. Elevation Capital Advisory LLC now owns 161,707 shares of the company’s stock valued at $9,586,000 after acquiring an additional 33,420 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Price Performance

NYSEARCA XLG opened at $64.59 on Tuesday. The company has a market cap of $11.37 billion, a P/E ratio of 27.80 and a beta of 1.05. The stock has a 50-day moving average of $59.68 and a two-hundred day moving average of $58.84. Invesco S&P 500 Top 50 ETF has a 1-year low of $49.00 and a 1-year high of $64.77.

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.