Hsbc Holdings PLC Buys Shares of 25,800 Invesco S&P 500 Top 50 ETF $XLG

Hsbc Holdings PLC purchased a new stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 25,800 shares of the company’s stock, valued at approximately $1,529,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Jane Street Group LLC grew its position in shares of Invesco S&P 500 Top 50 ETF by 444.6% in the first quarter. Jane Street Group LLC now owns 182,870 shares of the company’s stock valued at $8,416,000 after purchasing an additional 149,290 shares during the last quarter. Russell Investments Group Ltd. grew its holdings in Invesco S&P 500 Top 50 ETF by 151.8% during the 2nd quarter. Russell Investments Group Ltd. now owns 1,536 shares of the company’s stock valued at $80,000 after buying an additional 926 shares during the last quarter. Marshall Wace LLP purchased a new position in Invesco S&P 500 Top 50 ETF during the second quarter worth $7,118,000. Qube Research & Technologies Ltd increased its position in Invesco S&P 500 Top 50 ETF by 230.7% during the second quarter. Qube Research & Technologies Ltd now owns 9,629 shares of the company’s stock worth $502,000 after buying an additional 6,717 shares in the last quarter. Finally, Main Street Financial Solutions LLC raised its holdings in shares of Invesco S&P 500 Top 50 ETF by 98.2% in the second quarter. Main Street Financial Solutions LLC now owns 13,896 shares of the company’s stock worth $724,000 after acquiring an additional 6,886 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Trading Up 0.6%

Shares of NYSEARCA:XLG traded up $0.35 on Friday, hitting $61.98. The company had a trading volume of 1,161,117 shares, compared to its average volume of 3,233,465. The company has a market cap of $10.84 billion, a PE ratio of 27.80 and a beta of 1.06. Invesco S&P 500 Top 50 ETF has a 52-week low of $52.30 and a 52-week high of $64.77. The business has a 50 day moving average of $62.20 and a 200 day moving average of $59.36.

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.