Sanctuary Advisors LLC Increases Stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Sanctuary Advisors LLC lifted its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 105.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 211,233 shares of the company’s stock after purchasing an additional 108,385 shares during the quarter. Sanctuary Advisors LLC owned 0.22% of Invesco S&P 500 Top 50 ETF worth $10,767,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Hager Investment Management Services LLC acquired a new stake in shares of Invesco S&P 500 Top 50 ETF during the 4th quarter worth approximately $30,000. Abound Wealth Management acquired a new stake in Invesco S&P 500 Top 50 ETF in the 4th quarter valued at $30,000. Decker Retirement Planning Inc. acquired a new stake in Invesco S&P 500 Top 50 ETF in the 4th quarter valued at $34,000. Concord Wealth Partners acquired a new stake in Invesco S&P 500 Top 50 ETF in the 3rd quarter valued at $47,000. Finally, Golden State Wealth Management LLC acquired a new stake in Invesco S&P 500 Top 50 ETF in the 4th quarter valued at $58,000.

Invesco S&P 500 Top 50 ETF Stock Performance

Invesco S&P 500 Top 50 ETF stock opened at $51.55 on Wednesday. The company’s fifty day moving average price is $50.75 and its 200 day moving average price is $48.57. Invesco S&P 500 Top 50 ETF has a 1 year low of $39.75 and a 1 year high of $51.80. The stock has a market capitalization of $5.03 billion, a P/E ratio of 2.92 and a beta of 1.08.

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.