GFS Advisors LLC Invests $261,000 in Invesco S&P 500 Top 50 ETF $XLG

GFS Advisors LLC bought a new position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) in the 2nd quarter, Holdings Channel.com reports. The firm bought 5,000 shares of the company’s stock, valued at approximately $261,000.

Several other institutional investors and hedge funds also recently modified their holdings of XLG. Integrated Advisors Network LLC boosted its position in shares of Invesco S&P 500 Top 50 ETF by 15.3% in the first quarter. Integrated Advisors Network LLC now owns 10,898 shares of the company’s stock worth $502,000 after buying an additional 1,446 shares during the period. Wealth Enhancement Advisory Services LLC boosted its position in shares of Invesco S&P 500 Top 50 ETF by 130.2% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 2,505,947 shares of the company’s stock worth $115,324,000 after buying an additional 1,417,535 shares during the period. Southland Equity Partners LLC purchased a new stake in shares of Invesco S&P 500 Top 50 ETF in the first quarter worth about $256,000. Dynamic Advisor Solutions LLC boosted its position in shares of Invesco S&P 500 Top 50 ETF by 404.8% in the first quarter. Dynamic Advisor Solutions LLC now owns 27,748 shares of the company’s stock worth $1,277,000 after buying an additional 22,251 shares during the period. Finally, Pacific Sun Financial Corp boosted its position in shares of Invesco S&P 500 Top 50 ETF by 4.3% in the first quarter. Pacific Sun Financial Corp now owns 6,624 shares of the company’s stock worth $305,000 after buying an additional 275 shares during the period.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of NYSEARCA XLG opened at $56.50 on Friday. Invesco S&P 500 Top 50 ETF has a 1-year low of $39.50 and a 1-year high of $58.48. The business has a 50-day moving average of $55.95 and a 200-day moving average of $51.28. The company has a market capitalization of $10.81 billion, a price-to-earnings ratio of 27.80 and a beta of 1.00.

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.