Invesco S&P 500 Top 50 ETF $XLG is Horst & Graben Wealth Management LLC’s 8th Largest Position

Horst & Graben Wealth Management LLC raised its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 116.5% during the third quarter, HoldingsChannel reports. The fund owned 404,356 shares of the company’s stock after purchasing an additional 217,550 shares during the quarter. Invesco S&P 500 Top 50 ETF comprises about 3.6% of Horst & Graben Wealth Management LLC’s investment portfolio, making the stock its 8th biggest holding. Horst & Graben Wealth Management LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $23,259,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. CWM LLC raised its stake in shares of Invesco S&P 500 Top 50 ETF by 0.4% during the 3rd quarter. CWM LLC now owns 90,602 shares of the company’s stock valued at $5,211,000 after purchasing an additional 320 shares during the period. Cadent Capital Advisors LLC purchased a new position in Invesco S&P 500 Top 50 ETF during the 3rd quarter valued at about $521,000. Iams Wealth Management LLC grew its holdings in Invesco S&P 500 Top 50 ETF by 31.5% during the 3rd quarter. Iams Wealth Management LLC now owns 26,822 shares of the company’s stock valued at $1,543,000 after buying an additional 6,428 shares in the last quarter. Brookstone Capital Management increased its position in shares of Invesco S&P 500 Top 50 ETF by 5.4% during the third quarter. Brookstone Capital Management now owns 32,914 shares of the company’s stock valued at $1,893,000 after buying an additional 1,696 shares during the period. Finally, Private Trust Co. NA lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 10.2% in the third quarter. Private Trust Co. NA now owns 28,957 shares of the company’s stock worth $1,666,000 after buying an additional 2,681 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Trading Up 0.3%

XLG stock opened at $59.98 on Friday. The firm has a 50 day moving average of $59.03 and a 200-day moving average of $55.98. The firm has a market capitalization of $11.53 billion, a P/E ratio of 27.80 and a beta of 1.03. Invesco S&P 500 Top 50 ETF has a 12 month low of $39.50 and a 12 month high of $60.63.

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. The Russell 3000 Index is an unmanaged capitalization-weighted index that offers investors access to the United States equity universe representing approximately 98% of the United States equity market.