Commonwealth Equity Services LLC lifted its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 12.9% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 461,529 shares of the company’s stock after purchasing an additional 52,900 shares during the period. Commonwealth Equity Services LLC owned approximately 0.47% of Invesco S&P 500 Top 50 ETF worth $23,058,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in the business. Halbert Hargrove Global Advisors LLC purchased a new stake in shares of Invesco S&P 500 Top 50 ETF during the fourth quarter worth $26,000. Abound Wealth Management purchased a new stake in Invesco S&P 500 Top 50 ETF during the 4th quarter worth about $30,000. Hager Investment Management Services LLC purchased a new position in shares of Invesco S&P 500 Top 50 ETF in the 4th quarter valued at about $30,000. Decker Retirement Planning Inc. purchased a new position in shares of Invesco S&P 500 Top 50 ETF in the 4th quarter valued at about $34,000. Finally, Rothschild Investment LLC acquired a new position in shares of Invesco S&P 500 Top 50 ETF during the fourth quarter worth about $50,000.
Invesco S&P 500 Top 50 ETF Stock Up 2.2 %
Shares of Invesco S&P 500 Top 50 ETF stock opened at $46.74 on Monday. The company has a market capitalization of $8.17 billion, a P/E ratio of 26.40 and a beta of 1.01. The company has a 50 day moving average of $49.97 and a 200 day moving average of $49.05. Invesco S&P 500 Top 50 ETF has a 52-week low of $39.75 and a 52-week high of $51.80.
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.
Further Reading
- Five stocks we like better than Invesco S&P 500 Top 50 ETF
- ESG Stocks, What Investors Should Know
- How to Build the Ultimate Everything ETF Portfolio
- Insider Trades May Not Tell You What You Think
- Dutch Bros or Starbucks: Which Coffee Stock Has More Growth?
- Business Services Stocks Investing
- 3 Stocks With High ROE and Market-Beating Growth Potential
Want to see what other hedge funds are holding XLG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report).
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.
