Stonebrook Private Inc. Purchases 2,113 Shares of Invesco S&P 500 Top 50 ETF $XLG

Stonebrook Private Inc. lifted its position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 2.1% during the 2nd quarter, HoldingsChannel reports. The firm owned 100,955 shares of the company’s stock after buying an additional 2,113 shares during the period. Invesco S&P 500 Top 50 ETF comprises about 1.2% of Stonebrook Private Inc.’s investment portfolio, making the stock its 19th biggest position. Stonebrook Private Inc.’s holdings in Invesco S&P 500 Top 50 ETF were worth $5,260,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. SouthState Corp purchased a new position in Invesco S&P 500 Top 50 ETF during the first quarter worth about $28,000. Y.D. More Investments Ltd grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 149.2% during the first quarter. Y.D. More Investments Ltd now owns 648 shares of the company’s stock worth $30,000 after purchasing an additional 388 shares in the last quarter. Harbor Asset Planning Inc. bought a new position in shares of Invesco S&P 500 Top 50 ETF in the second quarter worth approximately $31,000. LGT Financial Advisors LLC increased its position in shares of Invesco S&P 500 Top 50 ETF by 248.5% in the second quarter. LGT Financial Advisors LLC now owns 791 shares of the company’s stock worth $41,000 after purchasing an additional 564 shares during the last quarter. Finally, Financial Gravity Companies Inc. purchased a new stake in Invesco S&P 500 Top 50 ETF in the second quarter valued at approximately $47,000.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of Invesco S&P 500 Top 50 ETF stock opened at $57.53 on Wednesday. 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 cap of $11.06 billion, a PE ratio of 27.80 and a beta of 1.03. The company has a 50 day simple moving average of $58.08 and a two-hundred day simple moving average of $54.09.

About Invesco S&P 500 Top 50 ETF

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.