Rockefeller Capital Management L.P. Purchases 11,961 Shares of Invesco S&P 500 Top 50 ETF $XLG

Rockefeller Capital Management L.P. boosted its position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 3.9% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 320,335 shares of the company’s stock after purchasing an additional 11,961 shares during the period. Rockefeller Capital Management L.P.’s holdings in Invesco S&P 500 Top 50 ETF were worth $18,989,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in the company. Green Ridge Wealth Planning LLC bought a new stake in shares of Invesco S&P 500 Top 50 ETF in the fourth quarter valued at $12,782,000. Corient Private Wealth LLC grew its stake in shares of Invesco S&P 500 Top 50 ETF by 3.2% during the 4th quarter. Corient Private Wealth LLC now owns 14,104 shares of the company’s stock worth $836,000 after acquiring an additional 441 shares during the period. Hsbc Holdings PLC purchased a new stake in Invesco S&P 500 Top 50 ETF in the 4th quarter worth about $1,529,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in Invesco S&P 500 Top 50 ETF in the 4th quarter worth about $204,000. Finally, Bush Investment Group LLC raised its stake in Invesco S&P 500 Top 50 ETF by 1.8% in the 4th quarter. Bush Investment Group LLC now owns 64,332 shares of the company’s stock valued at $3,814,000 after acquiring an additional 1,123 shares during the period.

Invesco S&P 500 Top 50 ETF Stock Down 1.9%

NYSEARCA XLG opened at $60.01 on Wednesday. The company has a market cap of $10.57 billion, a PE ratio of 27.80 and a beta of 1.05. Invesco S&P 500 Top 50 ETF has a 52 week low of $50.71 and a 52 week high of $64.77. The firm’s 50-day simple moving average is $61.94 and its two-hundred day simple moving average is $59.22.

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. 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.