Calton & Associates Inc. acquired a new stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 7,670 shares of the company’s stock, valued at approximately $383,000.
A number of other hedge funds have also modified their holdings of XLG. LPL Financial LLC boosted its holdings in shares of Invesco S&P 500 Top 50 ETF by 10.2% in the 3rd quarter. LPL Financial LLC now owns 7,979,467 shares of the company’s stock worth $379,264,000 after acquiring an additional 741,770 shares in the last quarter. HighTower Advisors LLC increased its position in Invesco S&P 500 Top 50 ETF by 27.7% in the 3rd quarter. HighTower Advisors LLC now owns 925,321 shares of the company’s stock valued at $43,982,000 after acquiring an additional 200,879 shares in the last quarter. Raymond James & Associates raised its stake in shares of Invesco S&P 500 Top 50 ETF by 69.7% in the third quarter. Raymond James & Associates now owns 816,880 shares of the company’s stock worth $38,826,000 after acquiring an additional 335,532 shares during the last quarter. Thrivent Financial for Lutherans lifted its position in shares of Invesco S&P 500 Top 50 ETF by 22.0% during the third quarter. Thrivent Financial for Lutherans now owns 810,478 shares of the company’s stock worth $38,522,000 after purchasing an additional 146,219 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its stake in shares of Invesco S&P 500 Top 50 ETF by 28.9% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 774,712 shares of the company’s stock valued at $36,822,000 after purchasing an additional 173,566 shares during the last quarter.
Invesco S&P 500 Top 50 ETF Stock Up 0.2 %
Shares of XLG stock opened at $50.97 on Friday. The firm has a market cap of $4.97 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08. The stock has a 50-day moving average price of $50.47 and a 200 day moving average price of $48.07. Invesco S&P 500 Top 50 ETF has a 12 month low of $38.82 and a 12 month high of $51.80.
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.
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