Capital CS Group LLC Makes New Investment in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Capital CS Group LLC purchased a new stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) in the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 31,514 shares of the company’s stock, valued at approximately $1,442,000. Invesco S&P 500 Top 50 ETF makes up about 1.6% of Capital CS Group LLC’s investment portfolio, making the stock its 7th biggest holding.

Several other hedge funds and other institutional investors have also recently made changes to their positions in XLG. Wells Fargo & Company MN boosted its position in Invesco S&P 500 Top 50 ETF by 24.1% during the fourth quarter. Wells Fargo & Company MN now owns 1,885,749 shares of the company’s stock worth $71,130,000 after purchasing an additional 365,767 shares in the last quarter. UBS Group AG boosted its position in shares of Invesco S&P 500 Top 50 ETF by 16.0% in the 4th quarter. UBS Group AG now owns 1,766,931 shares of the company’s stock worth $66,649,000 after buying an additional 243,950 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its position in shares of Invesco S&P 500 Top 50 ETF by 25.9% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 1,082,080 shares of the company’s stock worth $45,588,000 after buying an additional 222,345 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in Invesco S&P 500 Top 50 ETF by 5,426.0% in the 4th quarter. Goldman Sachs Group Inc. now owns 934,951 shares of the company’s stock valued at $35,266,000 after acquiring an additional 918,032 shares during the last quarter. Finally, Stifel Financial Corp increased its holdings in Invesco S&P 500 Top 50 ETF by 123.4% during the 4th quarter. Stifel Financial Corp now owns 845,050 shares of the company’s stock valued at $31,875,000 after acquiring an additional 466,733 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Stock Up 0.6 %

Shares of Invesco S&P 500 Top 50 ETF stock traded up $0.28 during trading on Friday, hitting $43.94. 1,276,326 shares of the company were exchanged, compared to its average volume of 1,382,627. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $32.74 and a fifty-two week high of $47.99. The firm has a 50 day moving average price of $45.51 and a 200 day moving average price of $42.87. The stock has a market capitalization of $4.28 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08.

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.