Smith Anglin Financial LLC increased its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 1.1% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,792 shares of the company’s stock after purchasing an additional 212 shares during the quarter. Invesco S&P 500 Top 50 ETF makes up approximately 1.2% of Smith Anglin Financial LLC’s holdings, making the stock its 27th biggest holding. Smith Anglin Financial LLC owned approximately 0.31% of Invesco S&P 500 Top 50 ETF worth $6,115,000 at the end of the most recent reporting period.
Other institutional investors have also recently made changes to their positions in the company. Bank of Montreal Can acquired a new stake in shares of Invesco S&P 500 Top 50 ETF during the 1st quarter worth about $31,000. BlackRock Inc. increased its position in shares of Invesco S&P 500 Top 50 ETF by 1,666.7% during the 1st quarter. BlackRock Inc. now owns 106 shares of the company’s stock worth $32,000 after purchasing an additional 100 shares in the last quarter. Stonebridge Capital Advisors LLC acquired a new stake in Invesco S&P 500 Top 50 ETF in the 1st quarter valued at about $44,000. Arkadios Wealth Advisors increased its position in Invesco S&P 500 Top 50 ETF by 395.8% in the 2nd quarter. Arkadios Wealth Advisors now owns 238 shares of the company’s stock valued at $77,000 after acquiring an additional 190 shares in the last quarter. Finally, Harbour Investments Inc. acquired a new stake in Invesco S&P 500 Top 50 ETF in the 1st quarter valued at about $77,000.
XLG traded down $0.10 during midday trading on Wednesday, hitting $342.45. The company had a trading volume of 205 shares, compared to its average volume of 38,385. Invesco S&P 500 Top 50 ETF has a twelve month low of $249.34 and a twelve month high of $349.67. The firm’s 50-day simple moving average is $339.56 and its 200-day simple moving average is $319.65.
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.
Recommended Story: Bollinger Bands
Want to see what other hedge funds are holding XLG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG).
Receive News & Ratings for Invesco S&P 500 Top 50 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Top 50 ETF and related companies with MarketBeat.com's FREE daily email newsletter.