CreativeOne Wealth LLC Boosts Stock Position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

CreativeOne Wealth LLC increased its position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 195.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,352 shares of the company’s stock after acquiring an additional 9,492 shares during the quarter. CreativeOne Wealth LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $682,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Comerica Bank increased its stake in shares of Invesco S&P 500 Top 50 ETF by 61.2% in the first quarter. Comerica Bank now owns 19,973 shares of the company’s stock worth $841,000 after purchasing an additional 7,586 shares in the last quarter. Cetera Investment Advisers raised its holdings in Invesco S&P 500 Top 50 ETF by 526.9% during the first quarter. Cetera Investment Advisers now owns 182,333 shares of the company’s stock valued at $7,682,000 after acquiring an additional 153,250 shares during the period. Cetera Advisors LLC lifted its position in shares of Invesco S&P 500 Top 50 ETF by 35.0% in the first quarter. Cetera Advisors LLC now owns 86,412 shares of the company’s stock valued at $3,641,000 after acquiring an additional 22,413 shares in the last quarter. Burns Matteson Capital Management LLC bought a new position in shares of Invesco S&P 500 Top 50 ETF in the second quarter worth about $204,000. Finally, Cyr Financial Inc. bought a new position in shares of Invesco S&P 500 Top 50 ETF in the second quarter worth about $7,104,000.

Invesco S&P 500 Top 50 ETF Trading Up 0.8 %

Shares of XLG opened at $49.77 on Friday. Invesco S&P 500 Top 50 ETF has a 12-month low of $36.06 and a 12-month high of $49.92. The company has a market capitalization of $4.85 billion, a PE ratio of 2.92 and a beta of 1.08. The business’s 50 day moving average is $48.34 and its 200 day moving average is $46.40.

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.