Golden State Wealth Management LLC Invests $58,000 in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Golden State Wealth Management LLC bought a new position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 1,161 shares of the company’s stock, valued at approximately $58,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. CWM LLC grew its position in shares of Invesco S&P 500 Top 50 ETF by 1.3% during the third quarter. CWM LLC now owns 32,777 shares of the company’s stock valued at $1,558,000 after purchasing an additional 436 shares in the last quarter. VitalStone Financial LLC raised its stake in Invesco S&P 500 Top 50 ETF by 10.7% during the third quarter. VitalStone Financial LLC now owns 2,691 shares of the company’s stock valued at $128,000 after purchasing an additional 260 shares in the last quarter. NBC Securities Inc. lifted its position in Invesco S&P 500 Top 50 ETF by 652.5% during the third quarter. NBC Securities Inc. now owns 42,160 shares of the company’s stock valued at $2,003,000 after purchasing an additional 36,557 shares during the last quarter. Keystone Wealth Services LLC grew its stake in shares of Invesco S&P 500 Top 50 ETF by 5.5% in the 3rd quarter. Keystone Wealth Services LLC now owns 47,023 shares of the company’s stock worth $2,235,000 after buying an additional 2,457 shares in the last quarter. Finally, Client First Capital LLC grew its stake in shares of Invesco S&P 500 Top 50 ETF by 27.6% in the 3rd quarter. Client First Capital LLC now owns 81,605 shares of the company’s stock worth $3,879,000 after buying an additional 17,631 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of NYSEARCA XLG opened at $51.00 on Tuesday. Invesco S&P 500 Top 50 ETF has a 1-year low of $39.75 and a 1-year high of $51.80. The business’s 50 day moving average is $50.67 and its two-hundred day moving average is $48.30. The stock has a market capitalization of $4.97 billion, a P/E ratio of 2.92 and a beta of 1.08.

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.