Apexium Financial LP Buys 14,554 Shares of Invesco S&P 500 Top 50 ETF $XLG

Apexium Financial LP raised its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 2.7% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 555,497 shares of the company’s stock after purchasing an additional 14,554 shares during the period. Invesco S&P 500 Top 50 ETF accounts for about 1.5% of Apexium Financial LP’s investment portfolio, making the stock its 11th biggest holding. Apexium Financial LP’s holdings in Invesco S&P 500 Top 50 ETF were worth $28,941,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. SouthState Corp bought a new stake in Invesco S&P 500 Top 50 ETF during the first quarter valued at about $28,000. MTM Investment Management LLC bought a new stake in Invesco S&P 500 Top 50 ETF during the first quarter valued at about $30,000. Y.D. More Investments Ltd boosted its stake in shares of Invesco S&P 500 Top 50 ETF by 149.2% in the first quarter. Y.D. More Investments Ltd now owns 648 shares of the company’s stock worth $30,000 after acquiring an additional 388 shares during the period. Financial Gravity Asset Management Inc. bought a new position in shares of Invesco S&P 500 Top 50 ETF in the first quarter worth about $43,000. Finally, Headlands Technologies LLC boosted its stake in shares of Invesco S&P 500 Top 50 ETF by 1,280.7% in the first quarter. Headlands Technologies LLC now owns 1,146 shares of the company’s stock worth $53,000 after acquiring an additional 1,063 shares during the period.

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

NYSEARCA XLG opened at $57.63 on Friday. The firm has a market cap of $11.03 billion, a price-to-earnings ratio of 27.80 and a beta of 1.00. The business has a 50-day moving average price of $55.55 and a 200-day moving average price of $50.89. Invesco S&P 500 Top 50 ETF has a twelve month low of $39.50 and a twelve month high of $58.03.

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.