CreativeOne Wealth LLC Takes $561,000 Position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

CreativeOne Wealth LLC purchased a new stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 13,316 shares of the company’s stock, valued at approximately $561,000.

Several other institutional investors and hedge funds have also recently modified their holdings of XLG. Goldman Sachs Group Inc. raised its holdings in Invesco S&P 500 Top 50 ETF by 5,426.0% in the 4th quarter. Goldman Sachs Group Inc. now owns 934,951 shares of the company’s stock valued at $35,266,000 after buying an additional 918,032 shares during the period. Quattro Financial Advisors LLC purchased a new stake in Invesco S&P 500 Top 50 ETF in the 1st quarter valued at about $20,139,000. Stifel Financial Corp raised its holdings in Invesco S&P 500 Top 50 ETF by 123.4% in the 4th quarter. Stifel Financial Corp now owns 845,050 shares of the company’s stock valued at $31,875,000 after buying an additional 466,733 shares during the period. Demars Financial Group LLC purchased a new stake in Invesco S&P 500 Top 50 ETF in the 4th quarter valued at about $14,516,000. Finally, Raymond James Financial Services Advisors Inc. raised its holdings in Invesco S&P 500 Top 50 ETF by 76.1% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 859,735 shares of the company’s stock valued at $32,429,000 after buying an additional 371,543 shares during the period.

Invesco S&P 500 Top 50 ETF Trading Up 1.1 %

XLG traded up $0.50 on Friday, hitting $45.08. The company had a trading volume of 665,653 shares, compared to its average volume of 1,351,740. The firm has a market cap of $4.39 billion, a P/E ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a 1 year low of $32.74 and a 1 year high of $47.99. The company’s fifty day moving average price is $45.36 and its 200 day moving average price is $42.40.

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.