Maia Wealth LLC bought a new position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 14,302 shares of the company’s stock, valued at approximately $720,000.
Several other hedge funds have also modified their holdings of XLG. LPL Financial LLC boosted its position in shares of Invesco S&P 500 Top 50 ETF by 10.2% in the third quarter. LPL Financial LLC now owns 7,979,467 shares of the company’s stock worth $379,264,000 after acquiring an additional 741,770 shares during the last quarter. Bank Hapoalim BM acquired a new stake in shares of Invesco S&P 500 Top 50 ETF in the fourth quarter worth approximately $13,289,000. PMG Wealth Management Inc. acquired a new position in Invesco S&P 500 Top 50 ETF during the fourth quarter valued at approximately $11,276,000. HighTower Advisors LLC lifted its position in Invesco S&P 500 Top 50 ETF by 27.7% during the third quarter. HighTower Advisors LLC now owns 925,321 shares of the company’s stock valued at $43,982,000 after buying an additional 200,879 shares in the last quarter. Finally, Stratos Wealth Partners LTD. lifted its position in Invesco S&P 500 Top 50 ETF by 66.5% during the fourth quarter. Stratos Wealth Partners LTD. now owns 476,332 shares of the company’s stock valued at $23,798,000 after buying an additional 190,180 shares in the last quarter.
Invesco S&P 500 Top 50 ETF Stock Up 1.7 %
Shares of XLG stock opened at $49.62 on Friday. The stock has a market cap of $8.92 billion, a price-to-earnings ratio of 29.57 and a beta of 1.01. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $39.75 and a fifty-two week high of $51.80. The firm’s 50 day moving average price is $50.66 and its two-hundred day moving average price is $48.97.
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.
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