41,332 Shares in Invesco S&P 500 Top 50 ETF $XLG Bought by Curtis Wealth Management LLC

Curtis Wealth Management LLC bought a new position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) in the 4th quarter, Holdings Channel.com reports. The firm bought 41,332 shares of the company’s stock, valued at approximately $2,439,000. Invesco S&P 500 Top 50 ETF comprises approximately 2.2% of Curtis Wealth Management LLC’s holdings, making the stock its 18th biggest holding.

Several other institutional investors have also added to or reduced their stakes in XLG. JPMorgan Chase & Co. boosted its position in Invesco S&P 500 Top 50 ETF by 53.6% during the third quarter. JPMorgan Chase & Co. now owns 3,786,602 shares of the company’s stock valued at $217,805,000 after buying an additional 1,321,856 shares during the period. Ameriprise Financial Inc. boosted its position in Invesco S&P 500 Top 50 ETF by 46.6% during the third quarter. Ameriprise Financial Inc. now owns 2,296,020 shares of the company’s stock valued at $132,108,000 after buying an additional 729,356 shares during the period. Raymond James Financial Inc. boosted its position in Invesco S&P 500 Top 50 ETF by 25.8% during the second quarter. Raymond James Financial Inc. now owns 2,867,532 shares of the company’s stock valued at $149,398,000 after buying an additional 588,257 shares during the period. Advocacy Wealth Management LLC boosted its position in Invesco S&P 500 Top 50 ETF by 56.6% during the third quarter. Advocacy Wealth Management LLC now owns 1,094,754 shares of the company’s stock valued at $62,970,000 after buying an additional 395,581 shares during the period. Finally, Johnson Financial Group Inc. boosted its position in Invesco S&P 500 Top 50 ETF by 17.5% during the third quarter. Johnson Financial Group Inc. now owns 2,045,865 shares of the company’s stock valued at $117,678,000 after buying an additional 304,958 shares during the period.

Invesco S&P 500 Top 50 ETF Stock Down 2.7%

NYSEARCA XLG opened at $62.21 on Friday. The company has a 50-day simple moving average of $60.38 and a two-hundred day simple moving average of $58.97. Invesco S&P 500 Top 50 ETF has a 12-month low of $49.68 and a 12-month high of $64.77. The firm has a market cap of $10.96 billion, a price-to-earnings ratio of 27.80 and a beta of 1.05.

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. The Russell 3000 Index is an unmanaged capitalization-weighted index that offers investors access to the United States equity universe representing approximately 98% of the United States equity market.