TAP Consulting LLC Increases Position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

TAP Consulting LLC raised its position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 53.8% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 104,091 shares of the company’s stock after purchasing an additional 36,421 shares during the period. TAP Consulting LLC owned 0.11% of Invesco S&P 500 Top 50 ETF worth $4,762,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of XLG. International Assets Investment Management LLC purchased a new stake in shares of Invesco S&P 500 Top 50 ETF in the 4th quarter valued at approximately $2,362,000. Spire Wealth Management grew its position in shares of Invesco S&P 500 Top 50 ETF by 9.9% in the 4th quarter. Spire Wealth Management now owns 5,666 shares of the company’s stock valued at $220,000 after buying an additional 511 shares during the last quarter. Dana Investment Advisors Inc. grew its position in shares of Invesco S&P 500 Top 50 ETF by 23.6% in the 4th quarter. Dana Investment Advisors Inc. now owns 33,325 shares of the company’s stock valued at $1,257,000 after buying an additional 6,367 shares during the last quarter. NBC Securities Inc. grew its position in shares of Invesco S&P 500 Top 50 ETF by 60.9% in the 4th quarter. NBC Securities Inc. now owns 6,603 shares of the company’s stock valued at $249,000 after buying an additional 2,500 shares during the last quarter. Finally, Almanack Investment Partners LLC. purchased a new position in shares of Invesco S&P 500 Top 50 ETF in the 4th quarter valued at $411,000.

Invesco S&P 500 Top 50 ETF Trading Down 2.1 %

Shares of NYSEARCA XLG traded down $0.95 during mid-day trading on Friday, reaching $44.30. The company had a trading volume of 1,767,264 shares, compared to its average volume of 1,492,208. The firm has a 50 day simple moving average of $45.77 and a two-hundred day simple moving average of $43.68. The stock has a market cap of $4.32 billion, a P/E ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a 52-week low of $32.74 and a 52-week high of $47.99.

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.