Alexis Investment Partners LLC Takes Position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Alexis Investment Partners LLC bought a new position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 3,290 shares of the company’s stock, valued at approximately $164,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in XLG. Valley Brook Capital Group Inc. increased its holdings in shares of Invesco S&P 500 Top 50 ETF by 6.4% in the fourth quarter. Valley Brook Capital Group Inc. now owns 5,855 shares of the company’s stock valued at $293,000 after buying an additional 350 shares in the last quarter. Joel Isaacson & Co. LLC raised its position in shares of Invesco S&P 500 Top 50 ETF by 3.0% during the fourth quarter. Joel Isaacson & Co. LLC now owns 12,587 shares of the company’s stock worth $629,000 after purchasing an additional 368 shares during the period. Jackson Wealth Management LLC lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 0.3% during the fourth quarter. Jackson Wealth Management LLC now owns 140,525 shares of the company’s stock valued at $7,021,000 after purchasing an additional 376 shares during the last quarter. Cooper Financial Group lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 8.8% during the fourth quarter. Cooper Financial Group now owns 4,901 shares of the company’s stock valued at $245,000 after purchasing an additional 398 shares during the last quarter. Finally, Principal Securities Inc. increased its stake in Invesco S&P 500 Top 50 ETF by 0.4% in the 4th quarter. Principal Securities Inc. now owns 99,197 shares of the company’s stock worth $4,956,000 after purchasing an additional 418 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Trading Down 0.2 %

NYSEARCA XLG opened at $43.19 on Friday. Invesco S&P 500 Top 50 ETF has a 1 year low of $39.50 and a 1 year high of $51.80. The company has a market cap of $7.51 billion, a PE ratio of 26.47 and a beta of 1.01. The stock’s 50-day moving average price is $47.07 and its two-hundred day moving average price is $48.76.

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.