Cedar Wealth Management LLC Boosts Holdings in Invesco S&P 500 Top 50 ETF $XLG

Cedar Wealth Management LLC grew its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 4.8% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 567,653 shares of the company’s stock after buying an additional 25,973 shares during the period. Invesco S&P 500 Top 50 ETF makes up 10.1% of Cedar Wealth Management LLC’s investment portfolio, making the stock its 3rd biggest holding. Cedar Wealth Management LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $33,650,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the stock. Curtis Advisory Group LLC grew its position in Invesco S&P 500 Top 50 ETF by 0.5% during the third quarter. Curtis Advisory Group LLC now owns 35,966 shares of the company’s stock worth $2,069,000 after buying an additional 171 shares in the last quarter. Rothschild Investment LLC lifted its position in shares of Invesco S&P 500 Top 50 ETF by 18.0% in the 3rd quarter. Rothschild Investment LLC now owns 1,180 shares of the company’s stock worth $68,000 after acquiring an additional 180 shares during the period. Diversified Enterprises LLC grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 0.5% during the 4th quarter. Diversified Enterprises LLC now owns 33,492 shares of the company’s stock worth $1,985,000 after purchasing an additional 180 shares in the last quarter. Horizon Wealth Management LLC grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 1.0% during the 4th quarter. Horizon Wealth Management LLC now owns 19,032 shares of the company’s stock worth $1,128,000 after purchasing an additional 180 shares in the last quarter. Finally, Level Four Advisory Services LLC increased its position in shares of Invesco S&P 500 Top 50 ETF by 4.0% during the third quarter. Level Four Advisory Services LLC now owns 5,052 shares of the company’s stock valued at $291,000 after purchasing an additional 192 shares during the period.

Invesco S&P 500 Top 50 ETF Trading Down 0.0%

Shares of NYSEARCA XLG opened at $63.52 on Tuesday. The firm has a market capitalization of $11.19 billion, a price-to-earnings ratio of 27.80 and a beta of 1.05. Invesco S&P 500 Top 50 ETF has a one year low of $47.93 and a one year high of $64.33. The business has a fifty day simple moving average of $58.20 and a 200 day simple moving average of $58.55.

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.