29,725 Shares in Invesco S&P 500 Top 50 ETF $XLG Bought by Nvest Financial LLC

Nvest Financial LLC purchased a new position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) during the 2nd quarter, Holdings Channel reports. The fund purchased 29,725 shares of the company’s stock, valued at approximately $1,898,000.

A number of other large investors also recently modified their holdings of the business. Birchbrook Inc. bought a new position in shares of Invesco S&P 500 Top 50 ETF in the 4th quarter valued at about $27,000. Birch Capital Management LLC acquired a new stake in shares of Invesco S&P 500 Top 50 ETF in the second quarter valued at about $27,000. Deutsche Bank AG bought a new stake in Invesco S&P 500 Top 50 ETF during the fourth quarter worth about $27,000. Group One Trading LLC raised its holdings in Invesco S&P 500 Top 50 ETF by 100.9% during the fourth quarter. Group One Trading LLC now owns 507 shares of the company’s stock worth $30,000 after acquiring an additional 57,871 shares in the last quarter. Finally, Legacy Wealth Managment LLC ID bought a new stake in Invesco S&P 500 Top 50 ETF during the fourth quarter worth about $38,000.

Invesco S&P 500 Top 50 ETF Stock Performance

Shares of NYSEARCA XLG opened at $63.04 on Friday. The stock has a 50 day moving average price of $61.74 and a 200 day moving average price of $60.19. The stock has a market capitalization of $10.99 billion, a PE 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 $64.77.

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. 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.