Seros Financial LLC grew its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 7.0% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 172,669 shares of the company’s stock after acquiring an additional 11,310 shares during the quarter. Invesco S&P 500 Top 50 ETF accounts for approximately 6.0% of Seros Financial LLC’s investment portfolio, making the stock its 8th biggest position. Seros Financial LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $9,419,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also modified their holdings of the company. Osaic Holdings Inc. raised its stake in Invesco S&P 500 Top 50 ETF by 66.1% in the 4th quarter. Osaic Holdings Inc. now owns 2,838,230 shares of the company’s stock worth $168,251,000 after purchasing an additional 1,129,519 shares in the last quarter. LPL Financial LLC boosted its stake in shares of Invesco S&P 500 Top 50 ETF by 8.0% in the fourth quarter. LPL Financial LLC now owns 11,554,356 shares of the company’s stock valued at $684,942,000 after buying an additional 856,661 shares during the period. Ameriprise Financial Inc. grew its position in Invesco S&P 500 Top 50 ETF by 46.6% during the third quarter. Ameriprise Financial Inc. now owns 2,296,020 shares of the company’s stock worth $132,108,000 after buying an additional 729,356 shares in the last quarter. Raymond James Financial Inc. grew its position in Invesco S&P 500 Top 50 ETF by 25.8% during the second quarter. Raymond James Financial Inc. now owns 2,867,532 shares of the company’s stock worth $149,398,000 after buying an additional 588,257 shares in the last quarter. Finally, Brown Advisory Inc. increased its stake in Invesco S&P 500 Top 50 ETF by 1,359.5% during the 4th quarter. Brown Advisory Inc. now owns 560,799 shares of the company’s stock worth $33,244,000 after acquiring an additional 522,375 shares during the period.
Invesco S&P 500 Top 50 ETF Stock Performance
NYSEARCA:XLG opened at $62.20 on Thursday. The company has a market cap of $10.88 billion, a price-to-earnings ratio of 27.80 and a beta of 1.06. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $52.43 and a fifty-two week high of $64.77. The stock has a fifty day moving average price of $62.21 and a 200-day moving average price of $59.40.
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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