Kingsview Wealth Management LLC grew its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 5.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,607 shares of the company’s stock after purchasing an additional 798 shares during the period. Kingsview Wealth Management LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $730,000 at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of the business. Abound Wealth Management purchased a new position in Invesco S&P 500 Top 50 ETF in the 4th quarter valued at approximately $30,000. Hager Investment Management Services LLC bought a new position in shares of Invesco S&P 500 Top 50 ETF in the fourth quarter worth $30,000. Decker Retirement Planning Inc. bought a new position in shares of Invesco S&P 500 Top 50 ETF in the fourth quarter worth $34,000. Concord Wealth Partners purchased a new position in shares of Invesco S&P 500 Top 50 ETF in the third quarter valued at $47,000. Finally, Golden State Wealth Management LLC bought a new stake in shares of Invesco S&P 500 Top 50 ETF during the 4th quarter valued at $58,000.
Invesco S&P 500 Top 50 ETF Trading Down 0.2 %
XLG stock opened at $50.94 on Thursday. The firm has a 50 day moving average of $50.70 and a 200-day moving average of $48.39. The firm has a market capitalization of $4.97 billion, a P/E ratio of 2.92 and a beta of 1.08. 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 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.
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