158,249 Shares in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) Bought by Sanctuary Advisors LLC

Sanctuary Advisors LLC purchased a new stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) during the second quarter, HoldingsChannel.com reports. The fund purchased 158,249 shares of the company’s stock, valued at approximately $7,240,000.

Other institutional investors also recently bought and sold shares of the company. US Bancorp DE increased its position in shares of Invesco S&P 500 Top 50 ETF by 4.4% during the fourth quarter. US Bancorp DE now owns 17,469 shares of the company’s stock worth $659,000 after purchasing an additional 734 shares in the last quarter. Connectus Wealth LLC purchased a new position in Invesco S&P 500 Top 50 ETF during the 4th quarter worth $4,077,000. Asset Allocation Strategies LLC raised its holdings in Invesco S&P 500 Top 50 ETF by 16.6% during the fourth quarter. Asset Allocation Strategies LLC now owns 192,944 shares of the company’s stock worth $7,278,000 after purchasing an additional 27,427 shares in the last quarter. Voisard Asset Management Group Inc. purchased a new position in shares of Invesco S&P 500 Top 50 ETF during the 4th quarter worth approximately $28,000. Finally, Novak & Powell Financial Services Inc. acquired a new stake in Invesco S&P 500 Top 50 ETF in the fourth quarter valued at $200,000.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of NYSEARCA:XLG opened at $47.48 on Friday. The firm has a market capitalization of $4.63 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a 12 month low of $32.74 and a 12 month high of $47.99. The business’s 50 day simple moving average is $45.83 and its 200-day simple moving average is $44.41.

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.