49,025 Shares of Invesco S&P 500 Top 50 ETF $XLG Bought by Perryman Financial Advisory Inc. AD

Perryman Financial Advisory Inc. AD acquired a new position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) in the third quarter, Holdings Channel reports. The fund acquired 49,025 shares of the company’s stock, valued at approximately $3,119,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Key Client Fiduciary Advisors LLC lifted its position in shares of Invesco S&P 500 Top 50 ETF by 1.5% during the 2nd quarter. Key Client Fiduciary Advisors LLC now owns 13,549 shares of the company’s stock worth $830,000 after buying an additional 205 shares in the last quarter. Team Financial Group LLC boosted its stake in shares of Invesco S&P 500 Top 50 ETF by 22.8% in the 1st quarter. Team Financial Group LLC now owns 1,389 shares of the company’s stock worth $76,000 after buying an additional 258 shares during the last quarter. Investors Research Corp boosted its stake in shares of Invesco S&P 500 Top 50 ETF by 3.2% in the 2nd quarter. Investors Research Corp now owns 11,037 shares of the company’s stock worth $676,000 after buying an additional 339 shares during the last quarter. Retireful LLC boosted its stake in shares of Invesco S&P 500 Top 50 ETF by 2.6% in the 2nd quarter. Retireful LLC now owns 13,778 shares of the company’s stock worth $845,000 after buying an additional 351 shares during the last quarter. Finally, NFSG Corp grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 2.1% in the third quarter. NFSG Corp now owns 18,895 shares of the company’s stock valued at $1,202,000 after acquiring an additional 381 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Trading Down 1.4%

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

About Invesco S&P 500 Top 50 ETF

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.