Retireful LLC Makes New Investment in Invesco S&P 500 Top 50 ETF $XLG

Retireful LLC bought a new stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 13,650 shares of the company’s stock, valued at approximately $814,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Bank of America Corp DE lifted its stake in shares of Invesco S&P 500 Top 50 ETF by 7.4% during the 3rd quarter. Bank of America Corp DE now owns 4,248,330 shares of the company’s stock worth $244,364,000 after purchasing an additional 291,048 shares during the last quarter. JPMorgan Chase & Co. grew its stake in Invesco S&P 500 Top 50 ETF by 53.6% in the third quarter. JPMorgan Chase & Co. now owns 3,786,602 shares of the company’s stock valued at $217,805,000 after purchasing an additional 1,321,856 shares during the last quarter. Raymond James Financial Inc. raised its holdings in Invesco S&P 500 Top 50 ETF by 1.2% in the third quarter. Raymond James Financial Inc. now owns 2,900,899 shares of the company’s stock worth $166,860,000 after purchasing an additional 33,367 shares in the last quarter. Principle Wealth Partners LLC raised its holdings in Invesco S&P 500 Top 50 ETF by 2.2% in the third quarter. Principle Wealth Partners LLC now owns 2,741,301 shares of the company’s stock worth $157,680,000 after purchasing an additional 59,078 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its position in shares of Invesco S&P 500 Top 50 ETF by 0.3% during the third quarter. Bank of New York Mellon Corp now owns 2,470,451 shares of the company’s stock valued at $142,100,000 after buying an additional 6,376 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Stock Performance

NYSEARCA:XLG opened at $54.93 on Thursday. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $39.50 and a fifty-two week high of $60.63. The stock has a market capitalization of $10.68 billion, a P/E ratio of 27.80 and a beta of 1.03. The company’s 50-day simple moving average is $56.96 and its 200-day simple moving average is $58.06.

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.