Keystone Wealth Services LLC Boosts Holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Keystone Wealth Services LLC increased its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 10.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 44,566 shares of the company’s stock after buying an additional 4,380 shares during the period. Keystone Wealth Services LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $2,039,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in XLG. International Assets Investment Management LLC acquired a new stake in Invesco S&P 500 Top 50 ETF in the 4th quarter valued at about $2,362,000. Cerity Partners LLC purchased a new position in Invesco S&P 500 Top 50 ETF in the fourth quarter worth approximately $330,000. Sapient Capital LLC purchased a new position in Invesco S&P 500 Top 50 ETF in the fourth quarter worth approximately $1,915,000. Perigon Wealth Management LLC grew its holdings in Invesco S&P 500 Top 50 ETF by 289.7% during the 4th quarter. Perigon Wealth Management LLC now owns 32,758 shares of the company’s stock worth $1,236,000 after acquiring an additional 24,353 shares in the last quarter. Finally, Consolidated Portfolio Review Corp increased its position in shares of Invesco S&P 500 Top 50 ETF by 2.6% in the 4th quarter. Consolidated Portfolio Review Corp now owns 151,879 shares of the company’s stock valued at $5,729,000 after purchasing an additional 3,884 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of XLG traded up $0.28 during midday trading on Friday, reaching $43.94. The stock had a trading volume of 1,276,326 shares, compared to its average volume of 1,382,627. The company has a market cap of $4.28 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08. The company’s fifty day simple moving average is $45.51 and its two-hundred day simple moving average is $42.87. Invesco S&P 500 Top 50 ETF has a 1-year low of $32.74 and a 1-year 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.