16,343 Shares in Invesco S&P 500 Top 50 ETF $XLG Purchased by Mather Group LLC.

Mather Group LLC. bought a new position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 16,343 shares of the company’s stock, valued at approximately $1,040,000.

A number of other large investors have also bought and sold shares of XLG. Polaris Financial Partners acquired a new stake in Invesco S&P 500 Top 50 ETF during the 3rd quarter valued at $21,423,000. Green Ridge Wealth Planning LLC acquired a new position in Invesco S&P 500 Top 50 ETF in the fourth quarter worth $12,782,000. JNBA Financial Advisors boosted its stake in Invesco S&P 500 Top 50 ETF by 15,731.8% in the second quarter. JNBA Financial Advisors now owns 197,898 shares of the company’s stock worth $12,117,000 after purchasing an additional 196,648 shares in the last quarter. Ameritas Advisory Services LLC acquired a new position in Invesco S&P 500 Top 50 ETF in the second quarter worth $9,532,000. Finally, NewEdge Advisors LLC boosted its stake in Invesco S&P 500 Top 50 ETF by 50.2% in the second quarter. NewEdge Advisors LLC now owns 284,193 shares of the company’s stock worth $17,621,000 after purchasing an additional 95,045 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of XLG stock traded down $0.89 during trading hours on Friday, hitting $62.99. 1,045,421 shares of the company’s stock were exchanged, compared to its average volume of 2,474,729. The stock’s 50-day moving average is $63.25 and its 200-day moving average is $61.72. The stock has a market cap of $11.67 billion, a price-to-earnings ratio of 27.80 and a beta of 1.06. Invesco S&P 500 Top 50 ETF has a 52 week low of $52.60 and a 52 week high of $65.26.

Invesco S&P 500 Top 50 ETF Company Profile

Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) is an exchange-traded fund managed by Invesco Ltd. The fund seeks to provide investment results that generally correspond to the performance of the S&P 500 Top 50 Index, which is designed to track the 50 largest companies in the S&P 500 Index.

XLG provides focused exposure to large-cap U.S. equities across a range of industries, including information technology, consumer, health care, financial services and communications. Its holdings are generally weighted according to the methodology of the underlying index, giving investors access to many of the largest publicly traded companies in the United States through a single fund.

The fund began operations in 2005 and is listed on NYSE Arca.