Sequoia Financial Advisors LLC Raises Stock Position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Sequoia Financial Advisors LLC boosted its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLGFree Report) by 3.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,796 shares of the company’s stock after acquiring an additional 745 shares during the period. Sequoia Financial Advisors LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $1,226,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Pineridge Advisors LLC bought a new stake in Invesco S&P 500 Top 50 ETF during the second quarter valued at approximately $42,000. International Assets Investment Management LLC bought a new stake in shares of Invesco S&P 500 Top 50 ETF in the 2nd quarter worth approximately $73,000. VitalStone Financial LLC lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 21.7% in the 1st quarter. VitalStone Financial LLC now owns 1,789 shares of the company’s stock worth $75,000 after acquiring an additional 319 shares during the last quarter. First Personal Financial Services bought a new stake in shares of Invesco S&P 500 Top 50 ETF in the 2nd quarter worth approximately $97,000. Finally, Centennial Bank AR bought a new stake in shares of Invesco S&P 500 Top 50 ETF in the 2nd quarter worth approximately $101,000.

Invesco S&P 500 Top 50 ETF Stock Performance

Shares of XLG opened at $48.29 on Friday. The firm has a market cap of $4.71 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $32.74 and a fifty-two week high of $48.74. The firm has a 50 day moving average price of $46.93 and a 200-day moving average price of $45.04.

Invesco S&P 500 Top 50 ETF Company Profile

(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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