Invesco S&P 500 Top 50 ETF $XLG Position Increased by Signal Advisors Wealth LLC

Signal Advisors Wealth LLC increased its stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 122.7% during the 2nd quarter, HoldingsChannel reports. The firm owned 16,355 shares of the company’s stock after acquiring an additional 9,010 shares during the period. Signal Advisors Wealth LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $852,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in the stock. B. Riley Wealth Advisors Inc. lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 2.7% in the 4th quarter. B. Riley Wealth Advisors Inc. now owns 9,017 shares of the company’s stock worth $450,000 after purchasing an additional 239 shares during the last quarter. TIAA Trust National Association lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 4.1% in the 1st quarter. TIAA Trust National Association now owns 6,380 shares of the company’s stock worth $294,000 after purchasing an additional 251 shares during the last quarter. Keystone Wealth Services LLC lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 1.2% in the 2nd quarter. Keystone Wealth Services LLC now owns 22,953 shares of the company’s stock worth $1,196,000 after purchasing an additional 271 shares during the last quarter. Pacific Sun Financial Corp lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 4.3% in the 1st quarter. Pacific Sun Financial Corp now owns 6,624 shares of the company’s stock worth $305,000 after purchasing an additional 275 shares during the last quarter. Finally, Walker Asset Management LLC lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 0.8% in the 1st quarter. Walker Asset Management LLC now owns 34,761 shares of the company’s stock worth $1,600,000 after purchasing an additional 282 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Trading Up 0.2%

Shares of NYSEARCA XLG opened at $57.13 on Friday. The company has a market cap of $10.45 billion, a price-to-earnings ratio of 27.80 and a beta of 1.00. Invesco S&P 500 Top 50 ETF has a 12-month low of $39.50 and a 12-month high of $57.38. The stock’s 50 day simple moving average is $54.59 and its 200 day simple moving average is $50.09.

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.