Wedmont Private Capital Grows Position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Wedmont Private Capital lifted its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 4.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,017 shares of the company’s stock after purchasing an additional 420 shares during the quarter. Wedmont Private Capital’s holdings in Invesco S&P 500 Top 50 ETF were worth $446,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Integrated Wealth Concepts LLC boosted its holdings in shares of Invesco S&P 500 Top 50 ETF by 5.0% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 182,494 shares of the company’s stock worth $8,674,000 after purchasing an additional 8,687 shares in the last quarter. JPMorgan Chase & Co. grew its position in Invesco S&P 500 Top 50 ETF by 3.5% during the third quarter. JPMorgan Chase & Co. now owns 723,678 shares of the company’s stock valued at $34,396,000 after acquiring an additional 24,527 shares during the last quarter. Cetera Investment Advisers raised its stake in shares of Invesco S&P 500 Top 50 ETF by 37.9% during the second quarter. Cetera Investment Advisers now owns 251,440 shares of the company’s stock worth $11,503,000 after acquiring an additional 69,107 shares in the last quarter. Keystone Wealth Services LLC boosted 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 valued at $2,235,000 after purchasing an additional 2,457 shares in the last quarter. Finally, Claro Advisors LLC bought a new position in shares of Invesco S&P 500 Top 50 ETF during the 3rd quarter valued at $422,000.

Invesco S&P 500 Top 50 ETF Stock Up 2.2 %

NYSEARCA XLG opened at $50.30 on Thursday. Invesco S&P 500 Top 50 ETF has a 12-month low of $37.67 and a 12-month high of $51.76. The company has a 50-day simple moving average of $50.17 and a two-hundred day simple moving average of $47.81. The firm has a market cap of $4.90 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08.

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.