Beto Financial Group LLC bought a new position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 12,021 shares of the company’s stock, valued at approximately $713,000.
Other large investors have also recently added to or reduced their stakes in the company. Birchbrook Inc. bought a new position in Invesco S&P 500 Top 50 ETF during the 4th quarter worth about $27,000. MCF Advisors LLC acquired a new position in shares of Invesco S&P 500 Top 50 ETF during the 3rd quarter worth about $27,000. Godsey & Gibb Inc. acquired a new position in shares of Invesco S&P 500 Top 50 ETF during the 4th quarter worth about $30,000. Legacy Wealth Managment LLC ID acquired a new position in shares of Invesco S&P 500 Top 50 ETF during the 4th quarter worth about $38,000. Finally, Reyes Financial Architecture Inc. acquired a new position in shares of Invesco S&P 500 Top 50 ETF during the 3rd quarter worth about $55,000.
Invesco S&P 500 Top 50 ETF Price Performance
Invesco S&P 500 Top 50 ETF stock opened at $64.59 on Tuesday. The firm has a 50-day moving average of $59.68 and a 200-day moving average of $58.84. Invesco S&P 500 Top 50 ETF has a one year low of $49.00 and a one year high of $64.77. The company has a market cap of $11.37 billion, a price-to-earnings ratio of 27.80 and a beta of 1.05.
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.
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