Beto Financial Group LLC Invests $713,000 in Invesco S&P 500 Top 50 ETF $XLG

Beto Financial Group LLC bought a new position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 12,021 shares of the company’s stock, valued at approximately $713,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Birchbrook Inc. acquired a new position in Invesco S&P 500 Top 50 ETF during the 4th quarter worth $27,000. MCF Advisors LLC acquired a new position in Invesco S&P 500 Top 50 ETF during the 3rd quarter worth $27,000. Godsey & Gibb Inc. acquired a new position in Invesco S&P 500 Top 50 ETF during the 4th quarter worth $30,000. Legacy Wealth Managment LLC ID acquired a new position in Invesco S&P 500 Top 50 ETF during the 4th quarter worth $38,000. Finally, Reyes Financial Architecture Inc. acquired a new position in Invesco S&P 500 Top 50 ETF during the 3rd quarter worth $55,000.

Invesco S&P 500 Top 50 ETF Stock Performance

NYSEARCA:XLG opened at $64.59 on Tuesday. The stock’s fifty day moving average price is $59.68 and its two-hundred day moving average price is $58.84. Invesco S&P 500 Top 50 ETF has a 52-week low of $49.00 and a 52-week high of $64.77. The company has a market cap of $11.37 billion, a price-to-earnings ratio of 27.80 and a beta of 1.05.

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.