VitalStone Financial LLC Acquires 642 Shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

VitalStone Financial LLC grew its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 35.9% during the 2nd quarter, Holdings Channel reports. The fund owned 2,431 shares of the company’s stock after buying an additional 642 shares during the period. VitalStone Financial LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $111,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Choreo LLC bought a new position in shares of Invesco S&P 500 Top 50 ETF in the second quarter worth about $625,000. Wedbush Securities Inc. increased its holdings in Invesco S&P 500 Top 50 ETF by 11.5% in the 2nd quarter. Wedbush Securities Inc. now owns 14,234 shares of the company’s stock worth $651,000 after acquiring an additional 1,464 shares in the last quarter. Ashton Thomas Private Wealth LLC purchased a new stake in Invesco S&P 500 Top 50 ETF in the 2nd quarter worth approximately $189,000. TAP Consulting LLC lifted its holdings in Invesco S&P 500 Top 50 ETF by 53.8% during the second quarter. TAP Consulting LLC now owns 104,091 shares of the company’s stock valued at $4,762,000 after purchasing an additional 36,421 shares in the last quarter. Finally, Ausdal Financial Partners Inc. lifted its holdings in Invesco S&P 500 Top 50 ETF by 21.7% during the second quarter. Ausdal Financial Partners Inc. now owns 7,552 shares of the company’s stock valued at $346,000 after purchasing an additional 1,349 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Price Performance

XLG opened at $45.88 on Thursday. The company has a 50 day simple moving average of $45.70 and a two-hundred day simple moving average of $43.77. The firm has a market cap of $4.47 billion, a P/E ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a 1-year low of $32.74 and a 1-year high of $47.99.

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.