Sovran Advisors LLC bought a new stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) in the 2nd quarter, according to its most recent filing with the SEC. The fund bought 4,258 shares of the company’s stock, valued at approximately $222,000.
A number of other large investors have also modified their holdings of the business. SouthState Corp acquired a new position in shares of Invesco S&P 500 Top 50 ETF during the 1st quarter valued at about $28,000. MTM Investment Management LLC purchased a new position in Invesco S&P 500 Top 50 ETF during the first quarter worth about $30,000. Y.D. More Investments Ltd boosted its stake in Invesco S&P 500 Top 50 ETF by 149.2% during the first quarter. Y.D. More Investments Ltd now owns 648 shares of the company’s stock worth $30,000 after buying an additional 388 shares during the period. Financial Gravity Asset Management Inc. acquired a new stake in shares of Invesco S&P 500 Top 50 ETF during the first quarter worth about $43,000. Finally, Headlands Technologies LLC lifted its position in shares of Invesco S&P 500 Top 50 ETF by 1,280.7% during the first quarter. Headlands Technologies LLC now owns 1,146 shares of the company’s stock worth $53,000 after purchasing an additional 1,063 shares in the last quarter.
Invesco S&P 500 Top 50 ETF Stock Performance
Shares of XLG opened at $57.61 on Friday. The stock has a market capitalization of $10.54 billion, a PE ratio of 27.80 and a beta of 1.00. Invesco S&P 500 Top 50 ETF has a 1 year low of $39.50 and a 1 year high of $57.67. The company’s 50-day simple moving average is $54.69 and its 200-day simple moving average is $50.17.
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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