Client First Capital LLC Buys 5,977 Shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Client First Capital LLC boosted its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 7.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 87,582 shares of the company’s stock after purchasing an additional 5,977 shares during the quarter. Invesco S&P 500 Top 50 ETF comprises 2.2% of Client First Capital LLC’s portfolio, making the stock its 12th largest holding. Client First Capital LLC owned approximately 0.09% of Invesco S&P 500 Top 50 ETF worth $4,376,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Abound Wealth Management acquired a new stake in shares of Invesco S&P 500 Top 50 ETF in the fourth quarter valued at about $30,000. Concord Wealth Partners bought a new stake in Invesco S&P 500 Top 50 ETF during the 3rd quarter valued at approximately $47,000. Investors Research Corp grew its holdings in Invesco S&P 500 Top 50 ETF by 126.7% in the 3rd quarter. Investors Research Corp now owns 1,909 shares of the company’s stock valued at $91,000 after buying an additional 1,067 shares during the last quarter. Centennial Bank AR bought a new position in Invesco S&P 500 Top 50 ETF in the 2nd quarter worth approximately $101,000. Finally, Assetmark Inc. increased its position in Invesco S&P 500 Top 50 ETF by 2,175.0% in the 3rd quarter. Assetmark Inc. now owns 2,366 shares of the company’s stock worth $112,000 after buying an additional 2,262 shares during the period.

Invesco S&P 500 Top 50 ETF Trading Down 0.9 %

XLG opened at $49.85 on Friday. The business has a 50 day moving average of $50.17 and a 200-day moving average of $47.82. The stock has a market capitalization of $4.86 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a 1-year low of $37.67 and a 1-year high of $51.76.

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.