Allworth Financial LP Buys 8,317 Shares of Invesco S&P 500 Top 50 ETF $XLG

Allworth Financial LP grew its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 35.0% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 32,106 shares of the company’s stock after buying an additional 8,317 shares during the quarter. Allworth Financial LP’s holdings in Invesco S&P 500 Top 50 ETF were worth $1,984,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of XLG. Birch Capital Management LLC bought a new stake in shares of Invesco S&P 500 Top 50 ETF in the 2nd quarter valued at about $27,000. Deutsche Bank AG purchased a new stake in Invesco S&P 500 Top 50 ETF in the fourth quarter worth about $27,000. Group One Trading LLC increased its position in Invesco S&P 500 Top 50 ETF by 100.9% during the 4th quarter. Group One Trading LLC now owns 507 shares of the company’s stock valued at $30,000 after buying an additional 57,871 shares in the last quarter. Atlantic Private Wealth LLC purchased a new stake in Invesco S&P 500 Top 50 ETF during the 2nd quarter valued at about $57,000. Finally, Beacon Investment Advisory Services Inc. purchased a new position in shares of Invesco S&P 500 Top 50 ETF in the second quarter worth $61,000.

Invesco S&P 500 Top 50 ETF Stock Up 0.8%

Invesco S&P 500 Top 50 ETF stock opened at $62.90 on Friday. Invesco S&P 500 Top 50 ETF has a 52-week low of $52.60 and a 52-week high of $64.77. The business has a 50-day simple moving average of $61.93 and a two-hundred day simple moving average of $60.39. The company has a market cap of $10.97 billion, a P/E ratio of 27.80 and a beta of 1.06.

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. 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.