Invesco S&P 500 Top 50 ETF $XLG Holdings Increased by US Bancorp DE

US Bancorp DE increased its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 33.5% during the 2nd quarter, Holdings Channel.com reports. The firm owned 53,194 shares of the company’s stock after buying an additional 13,357 shares during the quarter. US Bancorp DE’s holdings in Invesco S&P 500 Top 50 ETF were worth $2,771,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp bought a new stake in shares of Invesco S&P 500 Top 50 ETF in the 1st quarter worth $110,557,000. Invesco Ltd. raised its position in shares of Invesco S&P 500 Top 50 ETF by 212.9% during the first quarter. Invesco Ltd. now owns 3,363,435 shares of the company’s stock worth $154,785,000 after purchasing an additional 2,288,508 shares during the period. Wealth Enhancement Advisory Services LLC raised its position in shares of Invesco S&P 500 Top 50 ETF by 130.2% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 2,505,947 shares of the company’s stock worth $115,324,000 after purchasing an additional 1,417,535 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in Invesco S&P 500 Top 50 ETF by 225.9% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,720,414 shares of the company’s stock worth $79,173,000 after buying an additional 1,192,557 shares during the period. Finally, Means Investment CO. Inc. raised its holdings in Invesco S&P 500 Top 50 ETF by 1,122.3% during the 1st quarter. Means Investment CO. Inc. now owns 1,267,671 shares of the company’s stock worth $58,338,000 after buying an additional 1,163,956 shares during the period.

Invesco S&P 500 Top 50 ETF Price Performance

XLG stock opened at $57.14 on Wednesday. Invesco S&P 500 Top 50 ETF has a 52-week low of $39.50 and a 52-week high of $58.48. The company’s 50 day simple moving average is $56.10 and its 200-day simple moving average is $51.43. The firm has a market capitalization of $10.95 billion, a P/E ratio of 27.80 and a beta of 1.00.

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.