Invesco S&P 500 Top 50 ETF $XLG Position Boosted by Western Wealth Management LLC

Western Wealth Management LLC raised its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 53.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 159,380 shares of the company’s stock after acquiring an additional 55,769 shares during the quarter. Western Wealth Management LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $9,448,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Birchbrook Inc. purchased a new position in Invesco S&P 500 Top 50 ETF during the 4th quarter valued at about $27,000. MCF Advisors LLC purchased a new position in Invesco S&P 500 Top 50 ETF during the 3rd quarter valued at about $27,000. Godsey & Gibb Inc. purchased a new position in Invesco S&P 500 Top 50 ETF during the 4th quarter valued at about $30,000. Legacy Wealth Managment LLC ID purchased a new position in Invesco S&P 500 Top 50 ETF during the 4th quarter valued at about $38,000. Finally, New Republic Capital LLC grew its stake in Invesco S&P 500 Top 50 ETF by 90.5% during the 3rd quarter. New Republic Capital LLC now owns 960 shares of the company’s stock valued at $55,000 after acquiring an additional 456 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Price Performance

NYSEARCA:XLG opened at $63.48 on Thursday. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $47.93 and a fifty-two week high of $63.64. The stock’s 50-day moving average is $57.81 and its two-hundred day moving average is $58.46. The stock has a market cap of $11.18 billion, a PE ratio of 27.80 and a beta of 1.05.

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.