KPP Advisory Services LLC increased its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 4.4% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 167,776 shares of the company’s stock after acquiring an additional 6,997 shares during the period. Invesco S&P 500 Top 50 ETF makes up about 2.0% of KPP Advisory Services LLC’s holdings, making the stock its 11th largest holding. KPP Advisory Services LLC owned approximately 0.17% of Invesco S&P 500 Top 50 ETF worth $8,382,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Abound Wealth Management acquired a new position in shares of Invesco S&P 500 Top 50 ETF in the 4th quarter worth approximately $30,000. Decker Retirement Planning Inc. purchased a new stake in Invesco S&P 500 Top 50 ETF during the fourth quarter worth about $34,000. Concord Wealth Partners acquired a new position in shares of Invesco S&P 500 Top 50 ETF in the third quarter valued at approximately $47,000. Crews Bank & Trust purchased a new position in Invesco S&P 500 Top 50 ETF in the 4th quarter valued at approximately $87,000. Finally, Investors Research Corp grew its stake in shares of Invesco S&P 500 Top 50 ETF by 126.7% in the third quarter. Investors Research Corp now owns 1,909 shares of the company’s stock worth $91,000 after acquiring an additional 1,067 shares in the last quarter.
Invesco S&P 500 Top 50 ETF Trading Down 0.4 %
Invesco S&P 500 Top 50 ETF stock opened at $50.79 on Monday. Invesco S&P 500 Top 50 ETF has a twelve month low of $38.82 and a twelve month high of $51.80. The firm has a market capitalization of $4.95 billion, a P/E ratio of 2.92 and a beta of 1.08. The stock’s fifty day simple moving average is $50.54 and its 200-day simple moving average is $48.12.
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.
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