Centaurus Financial Inc. raised its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 6.3% in the first quarter, HoldingsChannel reports. The institutional investor owned 215,811 shares of the company’s stock after acquiring an additional 12,715 shares during the quarter. Centaurus Financial Inc.’s holdings in Invesco S&P 500 Top 50 ETF were worth $11,772,000 as of its most recent SEC filing.
Several other institutional investors have also added to or reduced their stakes in XLG. Jane Street Group LLC raised its position in shares of Invesco S&P 500 Top 50 ETF by 444.6% in the 1st quarter. Jane Street Group LLC now owns 182,870 shares of the company’s stock valued at $8,416,000 after purchasing an additional 149,290 shares during the last quarter. Russell Investments Group Ltd. grew its position in Invesco S&P 500 Top 50 ETF by 151.8% during the 2nd quarter. Russell Investments Group Ltd. now owns 1,536 shares of the company’s stock worth $80,000 after purchasing an additional 926 shares during the last quarter. Marshall Wace LLP acquired a new position in Invesco S&P 500 Top 50 ETF during the 2nd quarter valued at approximately $7,118,000. Qube Research & Technologies Ltd increased its stake in Invesco S&P 500 Top 50 ETF by 230.7% during the 2nd quarter. Qube Research & Technologies Ltd now owns 9,629 shares of the company’s stock valued at $502,000 after purchasing an additional 6,717 shares in the last quarter. Finally, Main Street Financial Solutions LLC raised its holdings in shares of Invesco S&P 500 Top 50 ETF by 98.2% in the second quarter. Main Street Financial Solutions LLC now owns 13,896 shares of the company’s stock worth $724,000 after buying an additional 6,886 shares during the last quarter.
Invesco S&P 500 Top 50 ETF Trading Down 1.8%
NYSEARCA:XLG opened at $58.64 on Thursday. Invesco S&P 500 Top 50 ETF has a 12 month low of $52.60 and a 12 month high of $64.77. The firm has a fifty day simple moving average of $61.64 and a 200-day simple moving average of $59.47. The company has a market capitalization of $10.25 billion, a P/E ratio of 27.80 and a beta of 1.06.
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. 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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