KG&L Capital Management LLC boosted its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 10.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,888 shares of the company’s stock after purchasing an additional 1,814 shares during the period. KG&L Capital Management LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $994,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Concord Wealth Partners grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 80.2% during the 4th quarter. Concord Wealth Partners now owns 1,798 shares of the company’s stock worth $90,000 after purchasing an additional 800 shares during the period. Total Clarity Wealth Management Inc. acquired a new position in Invesco S&P 500 Top 50 ETF in the fourth quarter valued at about $393,000. Clear Creek Financial Management LLC purchased a new position in Invesco S&P 500 Top 50 ETF during the fourth quarter worth about $1,952,000. Great Diamond Partners LLC boosted its stake in Invesco S&P 500 Top 50 ETF by 4.5% during the fourth quarter. Great Diamond Partners LLC now owns 16,806 shares of the company’s stock worth $840,000 after buying an additional 719 shares during the period. Finally, GFS Advisors LLC acquired a new stake in shares of Invesco S&P 500 Top 50 ETF during the fourth quarter valued at about $250,000.
Invesco S&P 500 Top 50 ETF Stock Performance
Shares of XLG stock opened at $50.79 on Friday. The firm has a market cap of $4.95 billion, a P/E ratio of 2.92 and a beta of 1.08. The firm’s 50 day moving average price is $50.50 and its 200-day moving average price is $48.09. Invesco S&P 500 Top 50 ETF has a one year low of $38.82 and a one year high of $51.80.
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.
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