Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) Stock Position Raised by Pacific Sun Financial Corp

Pacific Sun Financial Corp raised its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 4.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,624 shares of the company’s stock after purchasing an additional 275 shares during the period. Pacific Sun Financial Corp’s holdings in Invesco S&P 500 Top 50 ETF were worth $305,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in XLG. Demars Financial Group LLC raised its stake in shares of Invesco S&P 500 Top 50 ETF by 5,930.2% in the 4th quarter. Demars Financial Group LLC now owns 28,403,144 shares of the company’s stock valued at $1,419,021,000 after acquiring an additional 27,932,132 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of Invesco S&P 500 Top 50 ETF in the 4th quarter valued at approximately $112,591,000. LPL Financial LLC raised its stake in shares of Invesco S&P 500 Top 50 ETF by 22.5% in the 4th quarter. LPL Financial LLC now owns 9,775,057 shares of the company’s stock valued at $488,362,000 after acquiring an additional 1,795,590 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of Invesco S&P 500 Top 50 ETF by 130.2% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 2,505,947 shares of the company’s stock valued at $115,324,000 after acquiring an additional 1,417,535 shares in the last quarter. Finally, Invesco Ltd. bought a new position in shares of Invesco S&P 500 Top 50 ETF in the 4th quarter valued at approximately $53,703,000.

Invesco S&P 500 Top 50 ETF Stock Performance

Shares of XLG stock opened at $50.12 on Friday. The stock’s 50 day simple moving average is $47.13 and its 200 day simple moving average is $48.60. Invesco S&P 500 Top 50 ETF has a twelve month low of $39.50 and a twelve month high of $51.80. The company has a market capitalization of $9.02 billion, a price-to-earnings ratio of 26.13 and a beta of 1.05.

About Invesco S&P 500 Top 50 ETF

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.