J.W. Cole Advisors Inc. increased its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 28.5% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 51,454 shares of the company’s stock after purchasing an additional 11,413 shares during the period. J.W. Cole Advisors Inc.’s holdings in Invesco S&P 500 Top 50 ETF were worth $2,681,000 as of its most recent SEC filing.
Other large investors also recently added to or reduced their stakes in the company. SouthState Corp purchased a new stake in Invesco S&P 500 Top 50 ETF during the first quarter valued at about $28,000. Harbor Asset Planning Inc. purchased a new stake in Invesco S&P 500 Top 50 ETF in the second quarter worth $31,000. Y.D. More Investments Ltd increased its position in shares of Invesco S&P 500 Top 50 ETF by 149.2% during the first quarter. Y.D. More Investments Ltd now owns 648 shares of the company’s stock valued at $30,000 after buying an additional 388 shares during the period. LGT Financial Advisors LLC lifted its stake in shares of Invesco S&P 500 Top 50 ETF by 248.5% in the 2nd quarter. LGT Financial Advisors LLC now owns 791 shares of the company’s stock valued at $41,000 after purchasing an additional 564 shares during the period. Finally, Financial Gravity Companies Inc. bought a new position in shares of Invesco S&P 500 Top 50 ETF in the 2nd quarter worth about $47,000.
Invesco S&P 500 Top 50 ETF Price Performance
XLG opened at $59.30 on Friday. Invesco S&P 500 Top 50 ETF has a 1 year low of $39.50 and a 1 year high of $60.63. The firm has a market cap of $11.40 billion, a PE ratio of 27.80 and a beta of 1.03. The stock has a 50-day moving average price of $58.29 and a 200-day moving average price of $54.56.
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.
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