Mutual Advisors LLC Boosts Holdings in Invesco S&P 500 Top 50 ETF $XLG

Mutual Advisors LLC raised its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLGFree Report) by 221.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 122,335 shares of the company’s stock after purchasing an additional 84,272 shares during the period. Mutual Advisors LLC owned 0.07% of Invesco S&P 500 Top 50 ETF worth $6,584,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. SouthState Corp purchased a new position in Invesco S&P 500 Top 50 ETF during the first quarter valued at $28,000. MTM Investment Management LLC acquired a new stake in shares of Invesco S&P 500 Top 50 ETF in the first quarter valued at about $30,000. Y.D. More Investments Ltd raised its position in shares of Invesco S&P 500 Top 50 ETF by 149.2% in the first quarter. Y.D. More Investments Ltd now owns 648 shares of the company’s stock valued at $30,000 after buying an additional 388 shares during the last quarter. Financial Gravity Asset Management Inc. acquired a new stake in shares of Invesco S&P 500 Top 50 ETF in the first quarter valued at about $43,000. Finally, Blue Trust Inc. raised its position in shares of Invesco S&P 500 Top 50 ETF by 140.8% in the second quarter. Blue Trust Inc. now owns 973 shares of the company’s stock valued at $51,000 after buying an additional 569 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Stock Up 0.6%

Shares of NYSEARCA XLG opened at $57.50 on Thursday. The firm has a 50-day simple moving average of $56.17 and a 200-day simple moving average of $51.47. The stock has a market capitalization of $11.06 billion, a price-to-earnings ratio of 27.80 and a beta of 1.00. Invesco S&P 500 Top 50 ETF has a 52 week low of $39.50 and a 52 week high of $58.48.

About Invesco S&P 500 Top 50 ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

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