Investors Research Corp Grows Stake in Invesco S&P 500 Top 50 ETF $XLG

Investors Research Corp lifted its stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 129.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,517 shares of the company’s stock after buying an additional 13,819 shares during the period. Investors Research Corp’s holdings in Invesco S&P 500 Top 50 ETF were worth $1,537,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of XLG. Win Advisors Inc. purchased a new position in Invesco S&P 500 Top 50 ETF in the 4th quarter worth approximately $3,018,000. Modern Wealth Management LLC acquired a new position in shares of Invesco S&P 500 Top 50 ETF during the first quarter worth $1,475,000. Tsfg LLC boosted its stake in shares of Invesco S&P 500 Top 50 ETF by 19.4% in the fourth quarter. Tsfg LLC now owns 246,889 shares of the company’s stock valued at $14,636,000 after purchasing an additional 40,060 shares during the period. Lighthouse Financial Services Inc. ADV purchased a new position in shares of Invesco S&P 500 Top 50 ETF in the fourth quarter valued at $10,049,000. Finally, Calton & Associates Inc. grew its holdings in Invesco S&P 500 Top 50 ETF by 171.8% during the 4th quarter. Calton & Associates Inc. now owns 29,845 shares of the company’s stock valued at $1,769,000 after purchasing an additional 18,865 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Price Performance

Invesco S&P 500 Top 50 ETF stock opened at $62.13 on Wednesday. Invesco S&P 500 Top 50 ETF has a 12-month low of $52.60 and a 12-month high of $64.77. The company has a market capitalization of $10.84 billion, a price-to-earnings ratio of 27.80 and a beta of 1.06. The firm’s fifty day moving average price is $61.53 and its 200 day moving average price is $60.09.

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. 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.