Sequoia Financial Advisors LLC Purchases 16,813 Shares of Invesco S&P 500 Top 50 ETF $XLG

Sequoia Financial Advisors LLC boosted its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 77.0% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 38,654 shares of the company’s stock after purchasing an additional 16,813 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $2,394,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Great Diamond Partners LLC boosted its position in shares of Invesco S&P 500 Top 50 ETF by 1.0% during the fourth quarter. Great Diamond Partners LLC now owns 18,199 shares of the company’s stock worth $1,079,000 after purchasing an additional 175 shares in the last quarter. Compass Capital Corp MA ADV lifted its holdings in Invesco S&P 500 Top 50 ETF by 5.1% during the fourth quarter. Compass Capital Corp MA ADV now owns 3,877 shares of the company’s stock worth $227,000 after acquiring an additional 188 shares in the last quarter. Key Client Fiduciary Advisors LLC grew its stake in Invesco S&P 500 Top 50 ETF by 1.5% in the second quarter. Key Client Fiduciary Advisors LLC now owns 13,549 shares of the company’s stock valued at $830,000 after acquiring an additional 205 shares during the period. Aptus Capital Advisors LLC increased its holdings in shares of Invesco S&P 500 Top 50 ETF by 0.7% in the fourth quarter. Aptus Capital Advisors LLC now owns 32,150 shares of the company’s stock worth $1,906,000 after acquiring an additional 212 shares in the last quarter. Finally, Ausdal Financial Partners Inc. increased its holdings in shares of Invesco S&P 500 Top 50 ETF by 2.0% in the second quarter. Ausdal Financial Partners Inc. now owns 12,433 shares of the company’s stock worth $648,000 after acquiring an additional 238 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Price Performance

NYSEARCA XLG opened at $62.90 on Monday. The firm has a market cap of $10.97 billion, a P/E ratio of 27.80 and a beta of 1.06. The stock’s 50-day moving average is $61.93 and its 200-day moving average is $60.41. Invesco S&P 500 Top 50 ETF has a one year low of $52.60 and a one year high of $64.77.

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.