Invesco S&P 500 Top 50 ETF $XLG Shares Acquired by Mutual Advisors LLC

Mutual Advisors LLC increased its stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 18.0% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 163,906 shares of the company’s stock after purchasing an additional 24,984 shares during the quarter. Mutual Advisors LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $9,716,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Total Clarity Wealth Management Inc. grew its stake in shares of Invesco S&P 500 Top 50 ETF by 181.8% in the fourth quarter. Total Clarity Wealth Management Inc. now owns 20,326 shares of the company’s stock valued at $1,205,000 after buying an additional 13,112 shares in the last quarter. Oppenheimer & Co. Inc. grew its stake in shares of Invesco S&P 500 Top 50 ETF by 28.7% in the fourth quarter. Oppenheimer & Co. Inc. now owns 72,704 shares of the company’s stock valued at $4,310,000 after buying an additional 16,191 shares in the last quarter. Simplicity Wealth LLC acquired a new stake in shares of Invesco S&P 500 Top 50 ETF in the fourth quarter valued at about $929,000. Strategic Blueprint LLC grew its stake in shares of Invesco S&P 500 Top 50 ETF by 54.8% in the fourth quarter. Strategic Blueprint LLC now owns 39,944 shares of the company’s stock valued at $2,368,000 after buying an additional 14,136 shares in the last quarter. Finally, Samalin Investment Counsel LLC grew its stake in shares of Invesco S&P 500 Top 50 ETF by 2.1% in the fourth quarter. Samalin Investment Counsel LLC now owns 11,568 shares of the company’s stock valued at $686,000 after buying an additional 233 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Stock Performance

Shares of XLG opened at $60.90 on Friday. The company has a market capitalization of $10.71 billion, a P/E ratio of 27.80 and a beta of 1.05. Invesco S&P 500 Top 50 ETF has a one year low of $45.82 and a one year high of $61.07. The stock has a 50-day moving average price of $57.08 and a 200 day moving average price of $58.20.

About Invesco S&P 500 Top 50 ETF

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.