VitalStone Financial LLC Buys 319 Shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

VitalStone Financial LLC raised its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 21.7% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 1,789 shares of the company’s stock after purchasing an additional 319 shares during the quarter. VitalStone Financial LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $75,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in XLG. Goldman Sachs Group Inc. increased its stake in Invesco S&P 500 Top 50 ETF by 5,426.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 934,951 shares of the company’s stock valued at $35,266,000 after acquiring an additional 918,032 shares during the period. Quattro Financial Advisors LLC bought a new stake in Invesco S&P 500 Top 50 ETF during the first quarter worth about $20,139,000. Stifel Financial Corp grew its stake in Invesco S&P 500 Top 50 ETF by 123.4% during the fourth quarter. Stifel Financial Corp now owns 845,050 shares of the company’s stock worth $31,875,000 after buying an additional 466,733 shares during the last quarter. Demars Financial Group LLC bought a new stake in Invesco S&P 500 Top 50 ETF during the fourth quarter worth about $14,516,000. Finally, Raymond James Financial Services Advisors Inc. grew its stake in Invesco S&P 500 Top 50 ETF by 76.1% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 859,735 shares of the company’s stock worth $32,429,000 after buying an additional 371,543 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Trading Up 0.9 %

Shares of XLG traded up $0.42 during mid-day trading on Friday, hitting $47.41. 433,969 shares of the company traded hands, compared to its average volume of 1,318,564. Invesco S&P 500 Top 50 ETF has a one year low of $32.74 and a one year high of $47.99. The business has a 50-day moving average of $44.58 and a 200 day moving average of $41.79. The stock has a market capitalization of $4.62 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08.

About Invesco S&P 500 Top 50 ETF

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.