Segment Wealth Management LLC Has $15.03 Million Position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Segment Wealth Management LLC increased its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 1.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 300,905 shares of the company’s stock after acquiring an additional 4,265 shares during the period. Segment Wealth Management LLC owned about 0.31% of Invesco S&P 500 Top 50 ETF worth $15,033,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Renaissance Technologies LLC grew its holdings in Invesco S&P 500 Top 50 ETF by 81.7% during the 2nd quarter. Renaissance Technologies LLC now owns 141,200 shares of the company’s stock worth $6,460,000 after acquiring an additional 63,500 shares during the last quarter. Blair William & Co. IL lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 8.2% during the second quarter. Blair William & Co. IL now owns 24,010 shares of the company’s stock worth $1,098,000 after purchasing an additional 1,820 shares during the period. Brighton Jones LLC grew its stake in shares of Invesco S&P 500 Top 50 ETF by 27.0% in the second quarter. Brighton Jones LLC now owns 7,599 shares of the company’s stock worth $348,000 after purchasing an additional 1,617 shares during the last quarter. AE Wealth Management LLC increased its holdings in Invesco S&P 500 Top 50 ETF by 205.3% in the second quarter. AE Wealth Management LLC now owns 29,805 shares of the company’s stock valued at $1,364,000 after purchasing an additional 20,042 shares during the period. Finally, Thrivent Financial for Lutherans raised its position in Invesco S&P 500 Top 50 ETF by 868.3% during the 2nd quarter. Thrivent Financial for Lutherans now owns 664,259 shares of the company’s stock worth $30,389,000 after purchasing an additional 595,661 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Trading Up 1.3 %

NYSEARCA XLG opened at $50.48 on Tuesday. Invesco S&P 500 Top 50 ETF has a 12 month low of $38.01 and a 12 month high of $51.76. The firm has a market capitalization of $4.92 billion, a PE ratio of 2.92 and a beta of 1.08. The business’s 50-day moving average price is $50.20 and its two-hundred day moving average price is $47.90.

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.