Focus Partners Advisor Solutions LLC purchased a new stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 34,560 shares of the company’s stock, valued at approximately $2,049,000.
Other institutional investors have also recently made changes to their positions in the company. Birchbrook Inc. purchased a new stake in shares of Invesco S&P 500 Top 50 ETF during the fourth quarter valued at approximately $27,000. Godsey & Gibb Inc. purchased a new stake in shares of Invesco S&P 500 Top 50 ETF during the fourth quarter valued at approximately $30,000. Legacy Wealth Managment LLC ID purchased a new stake in shares of Invesco S&P 500 Top 50 ETF during the fourth quarter valued at approximately $38,000. Reyes Financial Architecture Inc. purchased a new stake in shares of Invesco S&P 500 Top 50 ETF during the third quarter valued at approximately $55,000. Finally, Dagco Inc. purchased a new stake in shares of Invesco S&P 500 Top 50 ETF during the fourth quarter valued at approximately $57,000.
Invesco S&P 500 Top 50 ETF Stock Down 1.7%
NYSEARCA:XLG opened at $60.68 on Thursday. The company’s 50 day moving average price is $60.88 and its 200-day moving average price is $59.06. Invesco S&P 500 Top 50 ETF has a 52 week low of $49.68 and a 52 week high of $64.77. The stock has a market cap of $10.69 billion, a price-to-earnings ratio of 27.80 and a beta of 1.05.
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.
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