Invesco S&P 500 Top 50 ETF $XLG Stock Position Lifted by Fifth Third Bancorp

Fifth Third Bancorp grew its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 1,524.2% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 49,699 shares of the company’s stock after purchasing an additional 46,639 shares during the period. Fifth Third Bancorp’s holdings in Invesco S&P 500 Top 50 ETF were worth $2,711,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of XLG. Kestra Advisory Services LLC lifted its holdings in Invesco S&P 500 Top 50 ETF by 3.2% in the 1st quarter. Kestra Advisory Services LLC now owns 485,942 shares of the company’s stock valued at $26,508,000 after acquiring an additional 14,987 shares during the last quarter. Meitav Investment House Ltd. grew its stake in shares of Invesco S&P 500 Top 50 ETF by 68.3% in the 1st quarter. Meitav Investment House Ltd. now owns 17,218 shares of the company’s stock worth $939,000 after purchasing an additional 6,990 shares during the last quarter. Bogart Wealth LLC raised its holdings in shares of Invesco S&P 500 Top 50 ETF by 2.3% in the 1st quarter. Bogart Wealth LLC now owns 1,099,124 shares of the company’s stock worth $59,957,000 after purchasing an additional 24,787 shares in the last quarter. Latitude Advisors LLC raised its holdings in shares of Invesco S&P 500 Top 50 ETF by 52.6% in the 1st quarter. Latitude Advisors LLC now owns 12,185 shares of the company’s stock worth $665,000 after purchasing an additional 4,199 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC raised its holdings in shares of Invesco S&P 500 Top 50 ETF by 1.2% in the 1st quarter. Elevation Point Wealth Partners LLC now owns 57,836 shares of the company’s stock worth $3,155,000 after purchasing an additional 711 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Stock Performance

Shares of NYSEARCA:XLG opened at $60.71 on Tuesday. Invesco S&P 500 Top 50 ETF has a one year low of $52.60 and a one year high of $64.77. The stock has a fifty day moving average of $62.11 and a 200-day moving average of $59.43. The company has a market capitalization of $10.62 billion, a PE ratio of 27.80 and a beta of 1.06.

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.