Concord Wealth Partners Buys 217 Shares of Invesco S&P 500 Top 50 ETF $XLG

Concord Wealth Partners raised its stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 13.3% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 1,853 shares of the company’s stock after purchasing an additional 217 shares during the quarter. Concord Wealth Partners’ holdings in Invesco S&P 500 Top 50 ETF were worth $97,000 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 stock. Smith Salley Wealth Management lifted its position in Invesco S&P 500 Top 50 ETF by 2.9% in the second quarter. Smith Salley Wealth Management now owns 7,555 shares of the company’s stock valued at $394,000 after purchasing an additional 215 shares during the last quarter. TIAA Trust National Association grew its stake in Invesco S&P 500 Top 50 ETF by 4.1% in the first quarter. TIAA Trust National Association now owns 6,380 shares of the company’s stock worth $294,000 after purchasing an additional 251 shares during the period. Keystone Wealth Services LLC grew its stake in Invesco S&P 500 Top 50 ETF by 1.2% in the second quarter. Keystone Wealth Services LLC now owns 22,953 shares of the company’s stock worth $1,196,000 after purchasing an additional 271 shares during the period. WMG Financial Advisors LLC grew its stake in shares of Invesco S&P 500 Top 50 ETF by 0.8% in the second quarter. WMG Financial Advisors LLC now owns 38,537 shares of the company’s stock worth $2,008,000 after acquiring an additional 297 shares during the last quarter. Finally, Game Plan Financial Advisors LLC grew its stake in shares of Invesco S&P 500 Top 50 ETF by 3.6% in the first quarter. Game Plan Financial Advisors LLC now owns 8,590 shares of the company’s stock worth $395,000 after acquiring an additional 300 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Trading Up 1.8%

NYSEARCA XLG opened at $57.53 on Tuesday. Invesco S&P 500 Top 50 ETF has a 12 month low of $39.50 and a 12 month high of $58.48. The stock has a market cap of $11.02 billion, a P/E ratio of 27.80 and a beta of 1.00. The stock’s fifty day moving average price is $56.03 and its 200-day moving average price is $51.39.

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.