WealthBridge Capital Management LLC Raises Stock Position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

WealthBridge Capital Management LLC boosted its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 26.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,939 shares of the company’s stock after purchasing an additional 1,242 shares during the period. WealthBridge Capital Management LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $297,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Private Advisor Group LLC raised its stake in Invesco S&P 500 Top 50 ETF by 17.5% during the fourth quarter. Private Advisor Group LLC now owns 822,080 shares of the company’s stock worth $41,071,000 after purchasing an additional 122,294 shares during the period. Global Retirement Partners LLC increased its position in shares of Invesco S&P 500 Top 50 ETF by 13.9% during the fourth quarter. Global Retirement Partners LLC now owns 290,268 shares of the company’s stock valued at $14,502,000 after acquiring an additional 35,469 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in shares of Invesco S&P 500 Top 50 ETF during the fourth quarter valued at about $8,715,000. Atria Wealth Solutions Inc. increased its position in shares of Invesco S&P 500 Top 50 ETF by 30.5% during the fourth quarter. Atria Wealth Solutions Inc. now owns 94,070 shares of the company’s stock valued at $4,700,000 after acquiring an additional 21,962 shares during the last quarter. Finally, Fortis Group Advisors LLC increased its position in shares of Invesco S&P 500 Top 50 ETF by 3.4% during the fourth quarter. Fortis Group Advisors LLC now owns 145,459 shares of the company’s stock valued at $7,267,000 after acquiring an additional 4,796 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of XLG opened at $51.73 on Thursday. Invesco S&P 500 Top 50 ETF has a 1-year low of $39.75 and a 1-year high of $51.80. The stock has a market cap of $5.04 billion, a PE ratio of 2.92 and a beta of 1.08. The firm has a 50-day simple moving average of $50.77 and a two-hundred day simple moving average of $48.65.

Invesco S&P 500 Top 50 ETF 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.