Bogart Wealth LLC Purchases 40,514 Shares of Invesco S&P 500 Top 50 ETF $XLG

Bogart Wealth LLC increased its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 3.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,084,518 shares of the company’s stock after purchasing an additional 40,514 shares during the quarter. Invesco S&P 500 Top 50 ETF accounts for approximately 2.4% of Bogart Wealth LLC’s investment portfolio, making the stock its 12th largest position. Bogart Wealth LLC owned 0.59% of Invesco S&P 500 Top 50 ETF worth $56,503,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. LPL Financial LLC lifted its position in Invesco S&P 500 Top 50 ETF by 8.7% during the first quarter. LPL Financial LLC now owns 10,622,082 shares of the company’s stock worth $488,828,000 after purchasing an additional 847,025 shares during the period. Invesco Ltd. lifted its position in Invesco S&P 500 Top 50 ETF by 212.9% during the first quarter. Invesco Ltd. now owns 3,363,435 shares of the company’s stock worth $154,785,000 after purchasing an additional 2,288,508 shares during the period. Bank of New York Mellon Corp bought a new stake in Invesco S&P 500 Top 50 ETF during the first quarter worth about $110,557,000. Raymond James Financial Inc. lifted its position in Invesco S&P 500 Top 50 ETF by 1.1% during the first quarter. Raymond James Financial Inc. now owns 2,279,275 shares of the company’s stock worth $104,892,000 after purchasing an additional 25,649 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its position in Invesco S&P 500 Top 50 ETF by 225.9% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,720,414 shares of the company’s stock worth $79,173,000 after purchasing an additional 1,192,557 shares during the period.

Invesco S&P 500 Top 50 ETF Stock Up 0.6%

XLG opened at $57.55 on Monday. Invesco S&P 500 Top 50 ETF has a twelve month low of $39.50 and a twelve month high of $58.48. The company has a 50-day simple moving average of $56.29 and a 200 day simple moving average of $51.72. The stock has a market capitalization of $11.06 billion, a price-to-earnings ratio of 27.80 and a beta of 1.00.

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.