Verus Capital Partners LLC Acquires 21,278 Shares of Invesco S&P 500 Top 50 ETF $XLG

Verus Capital Partners LLC increased its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 136.7% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 36,847 shares of the company’s stock after buying an additional 21,278 shares during the quarter. Verus Capital Partners LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $2,119,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the stock. MCF Advisors LLC bought a new position in shares of Invesco S&P 500 Top 50 ETF during the 3rd quarter worth approximately $27,000. Financial Gravity Companies Inc. acquired a new position in Invesco S&P 500 Top 50 ETF during the second quarter worth $47,000. New Republic Capital LLC lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 90.5% during the third quarter. New Republic Capital LLC now owns 960 shares of the company’s stock valued at $55,000 after acquiring an additional 456 shares during the period. Transce3nd LLC boosted its stake in shares of Invesco S&P 500 Top 50 ETF by 36.8% in the 2nd quarter. Transce3nd LLC now owns 1,127 shares of the company’s stock valued at $59,000 after purchasing an additional 303 shares in the last quarter. Finally, CGC Financial Services LLC grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 193.1% in the 3rd quarter. CGC Financial Services LLC now owns 1,026 shares of the company’s stock worth $59,000 after purchasing an additional 676 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Stock Up 0.8%

Shares of Invesco S&P 500 Top 50 ETF stock opened at $57.65 on Monday. Invesco S&P 500 Top 50 ETF has a 12-month low of $39.50 and a 12-month high of $60.63. The stock has a market capitalization of $11.21 billion, a P/E ratio of 27.80 and a beta of 1.03. The company has a 50-day simple moving average of $58.72 and a 200 day simple moving average of $57.90.

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. 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.