Heritage Wealth Partners LLC Makes New $1.90 Million Investment in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Heritage Wealth Partners LLC acquired a new stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 38,115 shares of the company’s stock, valued at approximately $1,904,000. Invesco S&P 500 Top 50 ETF comprises about 2.4% of Heritage Wealth Partners LLC’s portfolio, making the stock its 14th largest holding.

A number of other institutional investors also recently modified their holdings of the company. SteelPeak Wealth LLC raised its position in Invesco S&P 500 Top 50 ETF by 1.8% during the 3rd quarter. SteelPeak Wealth LLC now owns 12,511 shares of the company’s stock valued at $595,000 after purchasing an additional 221 shares during the last quarter. VitalStone Financial LLC lifted its stake in Invesco S&P 500 Top 50 ETF by 10.7% in the third quarter. VitalStone Financial LLC now owns 2,691 shares of the company’s stock worth $128,000 after acquiring an additional 260 shares during the period. Valley Brook Capital Group Inc. raised its stake in Invesco S&P 500 Top 50 ETF by 5.5% in the third quarter. Valley Brook Capital Group Inc. now owns 5,505 shares of the company’s stock worth $262,000 after buying an additional 285 shares in the last quarter. First Heartland Consultants Inc. lifted its holdings in Invesco S&P 500 Top 50 ETF by 4.1% in the third quarter. First Heartland Consultants Inc. now owns 9,807 shares of the company’s stock worth $466,000 after buying an additional 382 shares during the period. Finally, Cooper Financial Group lifted its holdings in Invesco S&P 500 Top 50 ETF by 8.8% in the fourth quarter. Cooper Financial Group now owns 4,901 shares of the company’s stock worth $245,000 after buying an additional 398 shares during the period.

Invesco S&P 500 Top 50 ETF Trading Down 0.1 %

Shares of XLG stock traded down $0.07 during midday trading on Monday, reaching $49.43. 1,316,217 shares of the stock were exchanged, compared to its average volume of 1,565,951. Invesco S&P 500 Top 50 ETF has a 1 year low of $37.67 and a 1 year high of $51.76. The firm has a market cap of $4.82 billion, a PE ratio of 2.92 and a beta of 1.08. The company’s 50 day moving average is $50.08 and its two-hundred day moving average is $47.74.

About Invesco S&P 500 Top 50 ETF

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.