Verus Capital Partners LLC acquired a new position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 15,569 shares of the company’s stock, valued at approximately $811,000.
A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Allworth Financial LP grew its position in Invesco S&P 500 Top 50 ETF by 82.6% in the first quarter. Allworth Financial LP now owns 4,948 shares of the company’s stock worth $223,000 after buying an additional 2,238 shares during the last quarter. Cerity Partners LLC lifted its position in shares of Invesco S&P 500 Top 50 ETF by 879.1% during the 1st quarter. Cerity Partners LLC now owns 84,287 shares of the company’s stock valued at $3,879,000 after acquiring an additional 75,678 shares during the last quarter. CWM LLC boosted its stake in shares of Invesco S&P 500 Top 50 ETF by 75.2% during the 1st quarter. CWM LLC now owns 85,781 shares of the company’s stock worth $3,948,000 after acquiring an additional 36,822 shares in the last quarter. Catalyst Financial Partners LLC bought a new stake in shares of Invesco S&P 500 Top 50 ETF during the 1st quarter worth $211,000. Finally, PAX Financial Group LLC raised its position in shares of Invesco S&P 500 Top 50 ETF by 5.3% during the first quarter. PAX Financial Group LLC now owns 95,905 shares of the company’s stock worth $4,414,000 after purchasing an additional 4,869 shares during the period.
Invesco S&P 500 Top 50 ETF Stock Up 0.1%
Shares of NYSEARCA XLG opened at $59.73 on Wednesday. Invesco S&P 500 Top 50 ETF has a 12 month low of $39.50 and a 12 month high of $60.63. The company has a market cap of $11.48 billion, a price-to-earnings ratio of 27.80 and a beta of 1.03. The business has a fifty day simple moving average of $57.77 and a 200-day simple moving average of $53.66.
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.
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