Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) Shares Acquired by Demars Financial Group LLC

Demars Financial Group LLC boosted its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 14.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 471,012 shares of the company’s stock after purchasing an additional 60,412 shares during the quarter. Invesco S&P 500 Top 50 ETF makes up approximately 10.2% of Demars Financial Group LLC’s holdings, making the stock its 3rd largest position. Demars Financial Group LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $22,387,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Assetmark Inc. raised its stake in Invesco S&P 500 Top 50 ETF by 2,175.0% during the 3rd quarter. Assetmark Inc. now owns 2,366 shares of the company’s stock valued at $112,000 after acquiring an additional 2,262 shares in the last quarter. Pegasus Partners Ltd. raised its stake in Invesco S&P 500 Top 50 ETF by 12.4% during the 3rd quarter. Pegasus Partners Ltd. now owns 284,173 shares of the company’s stock valued at $13,507,000 after acquiring an additional 31,318 shares in the last quarter. Carson Advisory Inc. raised its stake in Invesco S&P 500 Top 50 ETF by 5.8% during the 3rd quarter. Carson Advisory Inc. now owns 16,932 shares of the company’s stock valued at $805,000 after acquiring an additional 923 shares in the last quarter. Lionsbridge Wealth Management LLC bought a new stake in Invesco S&P 500 Top 50 ETF during the 3rd quarter valued at $1,804,000. Finally, Leavell Investment Management Inc. raised its stake in Invesco S&P 500 Top 50 ETF by 101.9% during the 3rd quarter. Leavell Investment Management Inc. now owns 53,559 shares of the company’s stock valued at $2,546,000 after acquiring an additional 27,029 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Stock Up 0.3 %

Invesco S&P 500 Top 50 ETF stock traded up $0.13 during mid-day trading on Friday, hitting $49.82. 1,145,519 shares of the company’s stock traded hands, compared to its average volume of 1,403,659. The firm has a 50 day moving average price of $47.32 and a 200 day moving average price of $45.55. The company has a market cap of $4.86 billion, a PE ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a one year low of $35.01 and a one year high of $49.92.

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.