HBW Advisory Services LLC Acquires 6,278 Shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

HBW Advisory Services LLC lifted its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 9.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 73,961 shares of the company’s stock after acquiring an additional 6,278 shares during the period. HBW Advisory Services LLC owned 0.08% of Invesco S&P 500 Top 50 ETF worth $3,695,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in XLG. Concord Wealth Partners bought a new position in shares of Invesco S&P 500 Top 50 ETF in the 3rd quarter valued at about $47,000. Investors Research Corp lifted its stake in Invesco S&P 500 Top 50 ETF by 126.7% in the third quarter. Investors Research Corp now owns 1,909 shares of the company’s stock worth $91,000 after purchasing an additional 1,067 shares during the last quarter. Centennial Bank AR bought a new stake in Invesco S&P 500 Top 50 ETF in the second quarter worth about $101,000. VitalStone Financial LLC lifted its stake in Invesco S&P 500 Top 50 ETF by 35.9% in the second quarter. VitalStone Financial LLC now owns 2,431 shares of the company’s stock worth $111,000 after purchasing an additional 642 shares during the last quarter. Finally, Assetmark Inc. lifted its stake in Invesco S&P 500 Top 50 ETF by 2,175.0% in the third quarter. Assetmark Inc. now owns 2,366 shares of the company’s stock worth $112,000 after purchasing an additional 2,262 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Stock Performance

NYSEARCA XLG traded down $0.68 during trading on Friday, hitting $49.58. The stock had a trading volume of 1,441,111 shares, compared to its average volume of 1,568,333. The stock has a market capitalization of $4.83 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08. The stock has a 50 day simple moving average of $50.04 and a 200 day simple moving average of $47.69. Invesco S&P 500 Top 50 ETF has a one year low of $37.67 and a one year high of $51.76.

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.