Triad Wealth Partners LLC bought a new stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 5,372 shares of the company’s stock, valued at approximately $268,000.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in XLG. LPL Financial LLC boosted its holdings in shares of Invesco S&P 500 Top 50 ETF by 10.2% during the 3rd quarter. LPL Financial LLC now owns 7,979,467 shares of the company’s stock worth $379,264,000 after buying an additional 741,770 shares in the last quarter. Bank Hapoalim BM bought a new position in shares of Invesco S&P 500 Top 50 ETF during the 4th quarter worth approximately $13,289,000. PMG Wealth Management Inc. bought a new position in shares of Invesco S&P 500 Top 50 ETF during the 4th quarter worth approximately $11,276,000. HighTower Advisors LLC boosted its holdings in shares of Invesco S&P 500 Top 50 ETF by 27.7% during the 3rd quarter. HighTower Advisors LLC now owns 925,321 shares of the company’s stock worth $43,982,000 after buying an additional 200,879 shares in the last quarter. Finally, Stratos Wealth Partners LTD. boosted its holdings in shares of Invesco S&P 500 Top 50 ETF by 66.5% during the 4th quarter. Stratos Wealth Partners LTD. now owns 476,332 shares of the company’s stock worth $23,798,000 after buying an additional 190,180 shares in the last quarter.
Invesco S&P 500 Top 50 ETF Stock Up 1.2 %
Shares of XLG opened at $48.68 on Thursday. Invesco S&P 500 Top 50 ETF has a 12-month low of $39.75 and a 12-month high of $51.80. The business’s fifty day moving average is $50.49 and its 200 day moving average is $49.02. The stock has a market cap of $8.75 billion, a P/E ratio of 29.57 and a beta of 1.01.
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.
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