Flagship Wealth Advisors LLC acquired a new stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 8,700 shares of the company’s stock, valued at approximately $435,000.
Several other institutional investors and hedge funds have also bought and sold shares of XLG. Raymond James Financial Inc. purchased a new stake in shares of Invesco S&P 500 Top 50 ETF during the fourth quarter worth $112,591,000. Independent Advisor Alliance purchased a new stake in Invesco S&P 500 Top 50 ETF during the fourth quarter valued at about $38,858,000. LPL Financial LLC grew its stake in shares of Invesco S&P 500 Top 50 ETF by 10.2% during the third quarter. LPL Financial LLC now owns 7,979,467 shares of the company’s stock valued at $379,264,000 after buying an additional 741,770 shares during the last quarter. Bank Hapoalim BM bought a new position in shares of Invesco S&P 500 Top 50 ETF during the fourth quarter valued at about $13,289,000. Finally, PMG Wealth Management Inc. bought a new position in shares of Invesco S&P 500 Top 50 ETF during the fourth quarter valued at about $11,276,000.
Invesco S&P 500 Top 50 ETF Price Performance
NYSEARCA XLG opened at $46.74 on Monday. The stock has a market capitalization of $8.17 billion, a PE ratio of 26.40 and a beta of 1.01. Invesco S&P 500 Top 50 ETF has a 1 year low of $39.75 and a 1 year high of $51.80. The business’s 50-day moving average is $49.97 and its 200 day moving average is $49.05.
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.
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