26,851 Shares in Invesco S&P 500 Top 50 ETF $XLG Purchased by Modern Wealth Management LLC

Modern Wealth Management LLC bought a new stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 26,851 shares of the company’s stock, valued at approximately $1,475,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of XLG. Jane Street Group LLC boosted its stake in shares of Invesco S&P 500 Top 50 ETF by 444.6% in the first quarter. Jane Street Group LLC now owns 182,870 shares of the company’s stock valued at $8,416,000 after purchasing an additional 149,290 shares during the period. Russell Investments Group Ltd. increased its stake in Invesco S&P 500 Top 50 ETF by 151.8% during the 2nd quarter. Russell Investments Group Ltd. now owns 1,536 shares of the company’s stock worth $80,000 after buying an additional 926 shares during the period. Marshall Wace LLP purchased a new stake in Invesco S&P 500 Top 50 ETF during the 2nd quarter worth approximately $7,118,000. Qube Research & Technologies Ltd lifted its holdings in Invesco S&P 500 Top 50 ETF by 230.7% during the 2nd quarter. Qube Research & Technologies Ltd now owns 9,629 shares of the company’s stock worth $502,000 after buying an additional 6,717 shares in the last quarter. Finally, Main Street Financial Solutions LLC lifted its holdings in Invesco S&P 500 Top 50 ETF by 98.2% during the 2nd quarter. Main Street Financial Solutions LLC now owns 13,896 shares of the company’s stock worth $724,000 after buying an additional 6,886 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Stock Down 0.2%

Shares of XLG stock opened at $59.98 on Friday. Invesco S&P 500 Top 50 ETF has a 52 week low of $52.60 and a 52 week high of $64.77. The stock has a market capitalization of $10.48 billion, a PE ratio of 27.80 and a beta of 1.06. The firm has a 50 day moving average of $61.88 and a two-hundred day moving average of $59.47.

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.