Patriot Financial Group Insurance Agency LLC raised its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 125.2% during the 3rd quarter, Holdings Channel.com reports. The firm owned 38,695 shares of the company’s stock after acquiring an additional 21,510 shares during the quarter. Patriot Financial Group Insurance Agency LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $2,226,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Soundwatch Capital LLC bought a new stake in Invesco S&P 500 Top 50 ETF during the 2nd quarter valued at $1,790,000. Principle Wealth Partners LLC boosted its stake in Invesco S&P 500 Top 50 ETF by 85.0% in the 2nd quarter. Principle Wealth Partners LLC now owns 2,682,223 shares of the company’s stock worth $139,744,000 after purchasing an additional 1,232,337 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in Invesco S&P 500 Top 50 ETF by 225.9% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,720,414 shares of the company’s stock valued at $79,173,000 after buying an additional 1,192,557 shares in the last quarter. CW Advisors LLC increased its position in shares of Invesco S&P 500 Top 50 ETF by 1,645.5% during the second quarter. CW Advisors LLC now owns 719,865 shares of the company’s stock valued at $37,505,000 after buying an additional 678,624 shares during the period. Finally, JPMorgan Chase & Co. lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 32.0% in the second quarter. JPMorgan Chase & Co. now owns 2,464,746 shares of the company’s stock worth $128,413,000 after buying an additional 597,737 shares in the last quarter.
Invesco S&P 500 Top 50 ETF Trading Up 1.0%
Invesco S&P 500 Top 50 ETF stock opened at $58.50 on Friday. Invesco S&P 500 Top 50 ETF has a 1-year low of $39.50 and a 1-year high of $60.63. The firm has a market capitalization of $11.25 billion, a PE ratio of 27.80 and a beta of 1.03. The firm’s 50 day simple moving average is $58.78 and its 200 day simple moving average is $55.64.
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.
Featured Stories
- Five stocks we like better than Invesco S&P 500 Top 50 ETF
- What Percentage Gainers Tell Investors and Why They Don’t Tell the Whole Story
- Broadcom Stock Crashes 20%—But Wall Street Sees It Soaring to $500
- Do Real Estate Investment Trusts Deserve a Place in Your Portfolio?
- Forget the Chips: 4 Industrial Plays for the AI Rebound
- How to Calculate Return on Investment (ROI)
- MongoDB Could Hit Record Highs—But You’ll Need to Move Fast
Want to see what other hedge funds are holding XLG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report).
Receive News & Ratings for Invesco S&P 500 Top 50 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Top 50 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
