Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) Shares Bought by Assetmark Inc.

Assetmark Inc. grew its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 2,175.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,366 shares of the company’s stock after acquiring an additional 2,262 shares during the quarter. Assetmark Inc.’s holdings in Invesco S&P 500 Top 50 ETF were worth $112,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. acquired a new stake in shares of Invesco S&P 500 Top 50 ETF in the first quarter valued at about $225,000. US Bancorp DE grew its stake in shares of Invesco S&P 500 Top 50 ETF by 4.9% in the first quarter. US Bancorp DE now owns 18,332 shares of the company’s stock valued at $772,000 after buying an additional 863 shares in the last quarter. Avantax Advisory Services Inc. grew its stake in shares of Invesco S&P 500 Top 50 ETF by 45.4% in the first quarter. Avantax Advisory Services Inc. now owns 13,351 shares of the company’s stock valued at $562,000 after buying an additional 4,168 shares in the last quarter. TIAA Trust National Association acquired a new stake in shares of Invesco S&P 500 Top 50 ETF in the first quarter valued at about $253,000. Finally, CreativeOne Wealth LLC acquired a new stake in shares of Invesco S&P 500 Top 50 ETF in the first quarter valued at about $561,000.

Invesco S&P 500 Top 50 ETF Stock Performance

XLG stock opened at $48.56 on Monday. Invesco S&P 500 Top 50 ETF has a 1 year low of $36.06 and a 1 year high of $49.92. The stock has a 50-day simple moving average of $47.73 and a 200-day simple moving average of $45.89. The firm has a market cap of $4.73 billion, a P/E 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.