Invesco S&P 500 Top 50 ETF $XLG Shares Bought by Vertex Planning Partners LLC

Vertex Planning Partners LLC raised its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 101.8% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 169,614 shares of the company’s stock after purchasing an additional 85,572 shares during the quarter. Invesco S&P 500 Top 50 ETF accounts for 1.9% of Vertex Planning Partners LLC’s holdings, making the stock its 13th largest holding. Vertex Planning Partners LLC owned 0.09% of Invesco S&P 500 Top 50 ETF worth $9,756,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of XLG. MCF Advisors LLC purchased a new stake in Invesco S&P 500 Top 50 ETF in the 3rd quarter valued at about $27,000. New Republic Capital LLC increased its position in shares of Invesco S&P 500 Top 50 ETF by 90.5% during the third quarter. New Republic Capital LLC now owns 960 shares of the company’s stock valued at $55,000 after acquiring an additional 456 shares during the last quarter. Reyes Financial Architecture Inc. purchased a new stake in shares of Invesco S&P 500 Top 50 ETF in the 3rd quarter valued at approximately $55,000. Transce3nd LLC lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 36.8% in the 2nd quarter. Transce3nd LLC now owns 1,127 shares of the company’s stock worth $59,000 after acquiring an additional 303 shares during the last quarter. Finally, CGC Financial Services LLC lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 193.1% in the 3rd quarter. CGC Financial Services LLC now owns 1,026 shares of the company’s stock worth $59,000 after acquiring an additional 676 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Stock Performance

NYSEARCA:XLG opened at $56.38 on Wednesday. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $39.50 and a fifty-two week high of $60.63. The company has a 50 day moving average price of $57.94 and a 200 day moving average price of $58.16. The stock has a market capitalization of $10.97 billion, a P/E ratio of 27.80 and a beta of 1.03.

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. 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.