MONECO Advisors LLC lifted its position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 7.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,757 shares of the company’s stock after acquiring an additional 1,731 shares during the quarter. MONECO Advisors LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $1,287,000 as of its most recent SEC filing.
A number of other hedge funds also recently added to or reduced their stakes in the business. Hager Investment Management Services LLC purchased a new position in Invesco S&P 500 Top 50 ETF during the 4th quarter valued at about $30,000. Abound Wealth Management bought a new position in shares of Invesco S&P 500 Top 50 ETF during the fourth quarter valued at approximately $30,000. Decker Retirement Planning Inc. purchased a new position in Invesco S&P 500 Top 50 ETF during the fourth quarter valued at approximately $34,000. Concord Wealth Partners bought a new position in Invesco S&P 500 Top 50 ETF in the third quarter worth approximately $47,000. Finally, Golden State Wealth Management LLC purchased a new stake in Invesco S&P 500 Top 50 ETF during the fourth quarter worth $58,000.
Invesco S&P 500 Top 50 ETF Trading Down 1.8 %
Shares of NYSEARCA XLG opened at $50.58 on Monday. Invesco S&P 500 Top 50 ETF has a 12-month low of $39.75 and a 12-month high of $51.80. The stock’s fifty day simple moving average is $50.77 and its two-hundred day simple moving average is $48.76. The stock has a market capitalization of $4.93 billion, a PE 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.
Recommended Stories
- Five stocks we like better than Invesco S&P 500 Top 50 ETF
- Why Understanding Call Option Volume is Essential to Successful Options Trading
- Why Genuine Parts Company Is a Royally Good Buy Right Now
- Stock Ratings and Recommendations: Understanding Analyst Ratings
- Industrials Are Quietly Outpacing the Market: 3 Stocks to Watch
- Stock Market Holidays 2022-2025 – Here’s When the NYSE and NASDAQ Will be Closed
- These 5 Energy Stocks Hedge Inflation With Growth Potential
Receive News & Ratings for Invesco S&P 500 Top 50 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Top 50 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
