Invesco S&P 500 Top 50 ETF $XLG Position Boosted by Quattro Financial Advisors LLC

Quattro Financial Advisors LLC raised its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 42.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 482,543 shares of the company’s stock after buying an additional 144,683 shares during the quarter. Invesco S&P 500 Top 50 ETF comprises 6.6% of Quattro Financial Advisors LLC’s portfolio, making the stock its 3rd biggest holding. Quattro Financial Advisors LLC owned approximately 0.26% of Invesco S&P 500 Top 50 ETF worth $30,695,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Birch Capital Management LLC purchased a new position in Invesco S&P 500 Top 50 ETF during the second quarter worth $27,000. Godsey & Gibb Inc. purchased a new position in shares of Invesco S&P 500 Top 50 ETF in the 3rd quarter worth approximately $32,000. Atlantic Private Wealth LLC acquired a new stake in shares of Invesco S&P 500 Top 50 ETF in the 2nd quarter worth $57,000. Beacon Investment Advisory Services Inc. acquired a new stake in Invesco S&P 500 Top 50 ETF in the 2nd quarter worth approximately $61,000. Finally, Ancora Advisors LLC purchased a new position in Invesco S&P 500 Top 50 ETF in the 2nd quarter worth $72,000.

Invesco S&P 500 Top 50 ETF Trading Down 0.1%

Shares of NYSEARCA XLG opened at $63.88 on Friday. Invesco S&P 500 Top 50 ETF has a 12 month low of $52.60 and a 12 month high of $65.26. The stock has a market cap of $11.84 billion, a price-to-earnings ratio of 27.80 and a beta of 1.06. The company has a 50 day simple moving average of $63.26 and a two-hundred day simple moving average of $61.71.

Invesco S&P 500 Top 50 ETF Company Profile

Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) is an exchange-traded fund managed by Invesco Ltd. The fund seeks to provide investment results that generally correspond to the performance of the S&P 500 Top 50 Index, which is designed to track the 50 largest companies in the S&P 500 Index.

XLG provides focused exposure to large-cap U.S. equities across a range of industries, including information technology, consumer, health care, financial services and communications. Its holdings are generally weighted according to the methodology of the underlying index, giving investors access to many of the largest publicly traded companies in the United States through a single fund.

The fund began operations in 2005 and is listed on NYSE Arca.