Advisors Preferred LLC Invests $1.10 Million in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Advisors Preferred LLC acquired a new position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 22,100 shares of the company’s stock, valued at approximately $1,101,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Hager Investment Management Services LLC purchased a new stake in Invesco S&P 500 Top 50 ETF in the 4th quarter valued at about $30,000. Abound Wealth Management acquired a new stake in Invesco S&P 500 Top 50 ETF in the 4th quarter valued at approximately $30,000. Decker Retirement Planning Inc. purchased a new stake in Invesco S&P 500 Top 50 ETF in the fourth quarter valued at approximately $34,000. Concord Wealth Partners purchased a new position in shares of Invesco S&P 500 Top 50 ETF during the third quarter worth $47,000. Finally, Golden State Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 Top 50 ETF in the fourth quarter valued at $58,000.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of Invesco S&P 500 Top 50 ETF stock opened at $50.60 on Friday. The stock has a market capitalization of $4.93 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08. The business has a 50-day moving average of $50.65 and a 200 day moving average of $48.24. Invesco S&P 500 Top 50 ETF has a 12 month low of $39.75 and a 12 month high of $51.80.

Invesco S&P 500 Top 50 ETF 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.