Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) Shares Purchased by Migdal Insurance & Financial Holdings Ltd.

Migdal Insurance & Financial Holdings Ltd. increased its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 17.0% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 8,451 shares of the company’s stock after acquiring an additional 1,226 shares during the period. Migdal Insurance & Financial Holdings Ltd.’s holdings in Invesco S&P 500 Top 50 ETF were worth $422,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Integrated Wealth Concepts LLC raised its position in shares of Invesco S&P 500 Top 50 ETF by 5.0% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 182,494 shares of the company’s stock valued at $8,674,000 after purchasing an additional 8,687 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of Invesco S&P 500 Top 50 ETF by 3.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 723,678 shares of the company’s stock valued at $34,396,000 after purchasing an additional 24,527 shares in the last quarter. Keystone Wealth Services LLC raised its position in shares of Invesco S&P 500 Top 50 ETF by 5.5% in the 3rd quarter. Keystone Wealth Services LLC now owns 47,023 shares of the company’s stock valued at $2,235,000 after purchasing an additional 2,457 shares in the last quarter. Claro Advisors LLC acquired a new position in shares of Invesco S&P 500 Top 50 ETF in the 3rd quarter valued at approximately $422,000. Finally, Keeler & Nadler Financial Planning & Wealth Management acquired a new position in shares of Invesco S&P 500 Top 50 ETF in the 3rd quarter valued at approximately $320,000.

Invesco S&P 500 Top 50 ETF Stock Down 1.2 %

Shares of XLG opened at $50.60 on Friday. The business’s 50 day moving average is $50.65 and its two-hundred day moving average is $48.24. Invesco S&P 500 Top 50 ETF has a 52-week low of $39.75 and a 52-week high of $51.80. The firm has a market cap of $4.93 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08.

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.