Lee Johnson Capital Management LLC Grows Holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Lee Johnson Capital Management LLC boosted its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 2.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 72,076 shares of the company’s stock after acquiring an additional 1,449 shares during the period. Invesco S&P 500 Top 50 ETF accounts for about 1.9% of Lee Johnson Capital Management LLC’s investment portfolio, making the stock its 20th largest holding. Lee Johnson Capital Management LLC owned about 0.07% of Invesco S&P 500 Top 50 ETF worth $3,601,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Abound Wealth Management bought a new stake in Invesco S&P 500 Top 50 ETF in the fourth quarter worth $30,000. Decker Retirement Planning Inc. purchased a new position in shares of Invesco S&P 500 Top 50 ETF in the 4th quarter worth about $34,000. Concord Wealth Partners bought a new position in Invesco S&P 500 Top 50 ETF in the 3rd quarter worth about $47,000. Investors Research Corp grew its position in Invesco S&P 500 Top 50 ETF by 126.7% during the 3rd quarter. Investors Research Corp now owns 1,909 shares of the company’s stock valued at $91,000 after purchasing an additional 1,067 shares during the last quarter. Finally, Centennial Bank AR purchased a new stake in Invesco S&P 500 Top 50 ETF during the 2nd quarter valued at about $101,000.

Invesco S&P 500 Top 50 ETF Stock Performance

Shares of Invesco S&P 500 Top 50 ETF stock opened at $50.48 on Monday. The company has a 50-day simple moving average of $50.18 and a two-hundred day simple moving average of $47.87. The stock has a market capitalization of $4.92 billion, a PE ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a 52-week low of $38.01 and a 52-week high of $51.76.

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.