Rockefeller Capital Management L.P. raised its position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 3.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 320,335 shares of the company’s stock after buying an additional 11,961 shares during the period. Rockefeller Capital Management L.P. owned 0.16% of Invesco S&P 500 Top 50 ETF worth $18,989,000 as of its most recent filing with the SEC.
Other hedge funds have also recently modified their holdings of 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. Deutsche Bank AG bought a new stake in Invesco S&P 500 Top 50 ETF during the fourth quarter worth $27,000. Godsey & Gibb Inc. purchased a new position in Invesco S&P 500 Top 50 ETF in the fourth quarter worth $30,000. Group One Trading LLC grew its stake in Invesco S&P 500 Top 50 ETF by 100.9% in the 4th quarter. Group One Trading LLC now owns 507 shares of the company’s stock valued at $30,000 after purchasing an additional 57,871 shares during the period. Finally, Legacy Wealth Managment LLC ID bought a new position in Invesco S&P 500 Top 50 ETF in the 4th quarter valued at $38,000.
Invesco S&P 500 Top 50 ETF Price Performance
Shares of Invesco S&P 500 Top 50 ETF stock opened at $60.01 on Wednesday. The firm has a market cap of $10.57 billion, a PE ratio of 27.80 and a beta of 1.05. Invesco S&P 500 Top 50 ETF has a 1 year low of $50.71 and a 1 year high of $64.77. The stock has a fifty day moving average price of $61.94 and a 200-day moving average price of $59.22.
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.
Further Reading
- Five stocks we like better than Invesco S&P 500 Top 50 ETF
- Oracle’s Sell-Off Looks More Like a Mispricing Than a Warning
- Apple’s Intel Deal Arrives at the Right Time for Its Stock
- Liquid Gold: The AI Cooling Retrofit Trade
- 3 Dividend Stocks Under $30 to Anchor Your Portfolio
Receive News & Ratings for Invesco S&P 500 Top 50 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Top 50 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
