Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) Sets New 1-Year High at $39.41

Invesco S&P 500 Top 50 ETF (NYSEARCA:XLGGet Free Report)’s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as $39.41 and last traded at $39.41, with a volume of 162453 shares traded. The stock had previously closed at $39.15.

Invesco S&P 500 Top 50 ETF Price Performance

The stock’s 50-day moving average price is $37.45 and its 200 day moving average price is $35.83. The firm has a market cap of $2.71 billion, a P/E ratio of 19.22 and a beta of 1.00.

Institutional Investors Weigh In On Invesco S&P 500 Top 50 ETF

Several large investors have recently made changes to their positions in the stock. LPL Financial LLC boosted its holdings in shares of Invesco S&P 500 Top 50 ETF by 1,154.0% in the 3rd quarter. LPL Financial LLC now owns 4,598,014 shares of the company’s stock valued at $156,149,000 after buying an additional 4,231,355 shares during the last quarter. Morgan Stanley boosted its stake in shares of Invesco S&P 500 Top 50 ETF by 1,119.9% during the 3rd quarter. Morgan Stanley now owns 3,079,024 shares of the company’s stock worth $104,564,000 after acquiring an additional 2,826,631 shares during the period. Ameriprise Financial Inc. boosted its stake in shares of Invesco S&P 500 Top 50 ETF by 2,249.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,918,023 shares of the company’s stock worth $65,132,000 after acquiring an additional 1,836,373 shares during the period. Wilbanks Smith & Thomas Asset Management LLC boosted its stake in shares of Invesco S&P 500 Top 50 ETF by 897.9% during the 3rd quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 1,577,870 shares of the company’s stock worth $53,584,000 after acquiring an additional 1,419,748 shares during the period. Finally, UBS Group AG boosted its stake in shares of Invesco S&P 500 Top 50 ETF by 899.0% during the 3rd quarter. UBS Group AG now owns 1,522,981 shares of the company’s stock worth $51,720,000 after acquiring an additional 1,370,533 shares during the period.

Invesco S&P 500 Top 50 ETF Company Profile

(Get Free Report)

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.

Read More

Receive News & Ratings for Invesco S&P 500 Top 50 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Top 50 ETF and related companies with MarketBeat.com's FREE daily email newsletter.