Stonebrook Private Inc. Has $20.87 Million Holdings in Invesco S&P 500 Top 50 ETF $XLG

Stonebrook Private Inc. boosted its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 38.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 352,065 shares of the company’s stock after purchasing an additional 97,556 shares during the quarter. Invesco S&P 500 Top 50 ETF makes up about 4.4% of Stonebrook Private Inc.’s portfolio, making the stock its 5th largest position. Stonebrook Private Inc.’s holdings in Invesco S&P 500 Top 50 ETF were worth $20,870,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Curtis Advisory Group LLC boosted its stake in Invesco S&P 500 Top 50 ETF by 0.5% during the 3rd quarter. Curtis Advisory Group LLC now owns 35,966 shares of the company’s stock valued at $2,069,000 after purchasing an additional 171 shares during the period. Great Diamond Partners LLC boosted its stake in Invesco S&P 500 Top 50 ETF by 1.0% during the 4th quarter. Great Diamond Partners LLC now owns 18,199 shares of the company’s stock valued at $1,079,000 after purchasing an additional 175 shares during the period. Rothschild Investment LLC boosted its stake in Invesco S&P 500 Top 50 ETF by 18.0% during the 3rd quarter. Rothschild Investment LLC now owns 1,180 shares of the company’s stock valued at $68,000 after purchasing an additional 180 shares during the period. Diversified Enterprises LLC raised its holdings in Invesco S&P 500 Top 50 ETF by 0.5% in the 4th quarter. Diversified Enterprises LLC now owns 33,492 shares of the company’s stock valued at $1,985,000 after acquiring an additional 180 shares in the last quarter. Finally, Horizon Wealth Management LLC raised its holdings in Invesco S&P 500 Top 50 ETF by 1.0% in the 4th quarter. Horizon Wealth Management LLC now owns 19,032 shares of the company’s stock valued at $1,128,000 after acquiring an additional 180 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Stock Down 0.9%

Invesco S&P 500 Top 50 ETF stock opened at $61.71 on Wednesday. The business has a 50 day moving average price of $60.72 and a two-hundred day moving average price of $59.04. The stock has a market cap of $10.87 billion, a price-to-earnings ratio of 27.80 and a beta of 1.05. Invesco S&P 500 Top 50 ETF has a 12 month low of $49.68 and a 12 month high of $64.77.

Invesco S&P 500 Top 50 ETF 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.