Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) Stock Holdings Increased by Arete Wealth Advisors LLC

Arete Wealth Advisors LLC boosted its position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 131.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 39,048 shares of the company’s stock after buying an additional 22,182 shares during the quarter. Arete Wealth Advisors LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $1,845,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Pineridge Advisors LLC bought a new stake in shares of Invesco S&P 500 Top 50 ETF in the 2nd quarter valued at approximately $42,000. Concord Wealth Partners bought a new stake in Invesco S&P 500 Top 50 ETF during the third quarter valued at $47,000. International Assets Investment Management LLC bought a new stake in Invesco S&P 500 Top 50 ETF during the second quarter valued at $73,000. Investors Research Corp increased its stake in Invesco S&P 500 Top 50 ETF by 126.7% during the third quarter. Investors Research Corp now owns 1,909 shares of the company’s stock valued at $91,000 after purchasing an additional 1,067 shares during the last quarter. Finally, First Personal Financial Services bought a new stake in shares of Invesco S&P 500 Top 50 ETF during the 2nd quarter valued at about $97,000.

Invesco S&P 500 Top 50 ETF Stock Down 0.1 %

Shares of NYSEARCA:XLG opened at $50.72 on Wednesday. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $36.54 and a fifty-two week high of $51.11. The firm has a 50-day simple moving average of $48.73 and a 200 day simple moving average of $46.74. The company has a market cap of $4.94 billion, a PE ratio of 2.92 and a beta of 1.08.

Invesco S&P 500 Top 50 ETF 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.