Berbice Capital Management LLC Acquires Shares of 7,593 Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Berbice Capital Management LLC bought a new position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 7,593 shares of the company’s stock, valued at approximately $379,000.

A number of other hedge funds also recently bought and sold shares of XLG. Rappaport Reiches Capital Management LLC grew its holdings in Invesco S&P 500 Top 50 ETF by 14.8% during the 4th quarter. Rappaport Reiches Capital Management LLC now owns 20,091 shares of the company’s stock valued at $1,004,000 after buying an additional 2,584 shares in the last quarter. Key Client Fiduciary Advisors LLC grew its stake in Invesco S&P 500 Top 50 ETF by 6.9% in the fourth quarter. Key Client Fiduciary Advisors LLC now owns 9,846 shares of the company’s stock valued at $492,000 after purchasing an additional 636 shares during the last quarter. Secure Asset Management LLC boosted its holdings in Invesco S&P 500 Top 50 ETF by 36.8% in the fourth quarter. Secure Asset Management LLC now owns 5,779 shares of the company’s stock worth $289,000 after acquiring an additional 1,556 shares in the last quarter. Seros Financial LLC acquired a new stake in Invesco S&P 500 Top 50 ETF in the fourth quarter worth about $7,596,000. Finally, Janney Montgomery Scott LLC lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 13.8% during the fourth quarter. Janney Montgomery Scott LLC now owns 50,551 shares of the company’s stock worth $2,526,000 after purchasing an additional 6,133 shares during the period.

Invesco S&P 500 Top 50 ETF Trading Up 0.2 %

Shares of NYSEARCA:XLG opened at $51.73 on Friday. The company has a market capitalization of $5.04 billion, a PE ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a 12-month low of $38.82 and a 12-month high of $51.76. The business has a 50 day moving average of $50.26 and a two-hundred day moving average of $47.94.

Invesco S&P 500 Top 50 ETF Company Profile

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.