215,624 Shares in Invesco S&P 500 Top 50 ETF $XLG Acquired by Green Ridge Wealth Planning LLC

Green Ridge Wealth Planning LLC bought a new stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 215,624 shares of the company’s stock, valued at approximately $12,782,000. Invesco S&P 500 Top 50 ETF comprises 6.5% of Green Ridge Wealth Planning LLC’s investment portfolio, making the stock its 4th largest position.

A number of other large investors have also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. grew its position 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 worth $217,805,000 after buying an additional 1,321,856 shares during the last quarter. Osaic Holdings Inc. lifted its position in shares of Invesco S&P 500 Top 50 ETF by 66.1% during the 4th quarter. Osaic Holdings Inc. now owns 2,838,230 shares of the company’s stock valued at $168,251,000 after acquiring an additional 1,129,519 shares during the last quarter. LPL Financial LLC lifted its position in shares of Invesco S&P 500 Top 50 ETF by 8.0% during the 4th quarter. LPL Financial LLC now owns 11,554,356 shares of the company’s stock valued at $684,942,000 after acquiring an additional 856,661 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Invesco S&P 500 Top 50 ETF by 46.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,296,020 shares of the company’s stock worth $132,108,000 after acquiring an additional 729,356 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its stake in shares of Invesco S&P 500 Top 50 ETF by 25.8% during the 2nd quarter. Raymond James Financial Inc. now owns 2,867,532 shares of the company’s stock worth $149,398,000 after acquiring an additional 588,257 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of Invesco S&P 500 Top 50 ETF stock opened at $61.76 on Friday. The stock’s fifty day moving average is $61.80 and its 200-day moving average is $59.20. The firm has a market capitalization of $10.88 billion, a PE ratio of 27.80 and a beta of 1.05. Invesco S&P 500 Top 50 ETF has a 12-month low of $49.68 and a 12-month high of $64.77.

Invesco S&P 500 Top 50 ETF 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.