Choreo LLC purchased a new stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) during the 2nd quarter, HoldingsChannel reports. The fund purchased 13,553 shares of the company’s stock, valued at approximately $625,000.
A number of other institutional investors also recently modified their holdings of the business. Goldman Sachs Group Inc. grew its holdings in Invesco S&P 500 Top 50 ETF by 5,426.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 934,951 shares of the company’s stock valued at $35,266,000 after buying an additional 918,032 shares in the last quarter. Redhawk Wealth Advisors Inc. bought a new stake in Invesco S&P 500 Top 50 ETF during the 2nd quarter worth approximately $33,242,000. Bricktown Capital LLC purchased a new stake in Invesco S&P 500 Top 50 ETF in the 2nd quarter worth approximately $27,172,000. Wealth Enhancement Advisory Services LLC boosted its holdings in Invesco S&P 500 Top 50 ETF by 4,253.3% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 601,146 shares of the company’s stock valued at $27,502,000 after purchasing an additional 587,337 shares during the period. Finally, Quattro Financial Advisors LLC purchased a new position in shares of Invesco S&P 500 Top 50 ETF during the 1st quarter valued at $20,139,000.
Invesco S&P 500 Top 50 ETF Stock Performance
Shares of XLG stock opened at $46.45 on Friday. The company has a market capitalization of $4.53 billion, a PE ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a 52-week low of $32.74 and a 52-week high of $47.99. The business’s fifty day moving average is $45.67 and its 200 day moving average is $43.85.
Invesco S&P 500 Top 50 ETF Company 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.
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