Runnymede Capital Advisors Inc. Invests $345,000 in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Runnymede Capital Advisors Inc. acquired a new position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 6,899 shares of the company’s stock, valued at approximately $345,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Halbert Hargrove Global Advisors LLC bought a new stake in Invesco S&P 500 Top 50 ETF in the 4th quarter valued at $26,000. Hager Investment Management Services LLC bought a new stake in Invesco S&P 500 Top 50 ETF in the 4th quarter valued at $30,000. Abound Wealth Management bought a new stake in Invesco S&P 500 Top 50 ETF in the 4th quarter valued at $30,000. Millstone Evans Group LLC bought a new stake in Invesco S&P 500 Top 50 ETF in the 4th quarter valued at $32,000. Finally, Decker Retirement Planning Inc. bought a new stake in Invesco S&P 500 Top 50 ETF in the 4th quarter valued at $34,000.

Invesco S&P 500 Top 50 ETF Trading Up 0.5 %

XLG opened at $46.91 on Friday. Invesco S&P 500 Top 50 ETF has a 1-year low of $39.75 and a 1-year high of $51.80. The stock’s fifty day simple moving average is $49.61 and its 200 day simple moving average is $49.03. The stock has a market cap of $8.20 billion, a PE ratio of 26.40 and a beta of 1.01.

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.