RDA Financial Network Has $2.11 Million Stock Holdings in Invesco S&P 500 Top 50 ETF $XLG

RDA Financial Network raised its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 54.7% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 36,742 shares of the company’s stock after buying an additional 12,990 shares during the quarter. RDA Financial Network’s holdings in Invesco S&P 500 Top 50 ETF were worth $2,113,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. AE Wealth Management LLC grew its position in Invesco S&P 500 Top 50 ETF by 71.4% in the 2nd quarter. AE Wealth Management LLC now owns 126,429 shares of the company’s stock worth $6,587,000 after purchasing an additional 52,645 shares during the last quarter. M Holdings Securities Inc. acquired a new position in shares of Invesco S&P 500 Top 50 ETF during the second quarter valued at about $656,000. Hershey Financial Advisers LLC bought a new stake in shares of Invesco S&P 500 Top 50 ETF in the second quarter valued at about $1,216,000. Avestar Capital LLC grew its position in Invesco S&P 500 Top 50 ETF by 14.8% during the second quarter. Avestar Capital LLC now owns 210,218 shares of the company’s stock worth $10,952,000 after buying an additional 27,160 shares in the last quarter. Finally, City Center Advisors LLC grew its position in Invesco S&P 500 Top 50 ETF by 22.2% during the third quarter. City Center Advisors LLC now owns 66,871 shares of the company’s stock worth $3,846,000 after buying an additional 12,127 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Stock Down 1.4%

Shares of XLG opened at $57.93 on Thursday. Invesco S&P 500 Top 50 ETF has a 12-month low of $39.50 and a 12-month high of $60.63. The firm has a market capitalization of $11.14 billion, a price-to-earnings ratio of 27.80 and a beta of 1.03. The stock’s 50-day moving average price is $58.78 and its 200 day moving average price is $55.62.

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.