Truvestments Capital LLC bought a new stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) during the 3rd quarter, HoldingsChannel.com reports. The firm bought 80,226 shares of the company’s stock, valued at approximately $3,813,000. Invesco S&P 500 Top 50 ETF accounts for 1.0% of Truvestments Capital LLC’s portfolio, making the stock its 16th largest position.
A number of other hedge funds also recently modified their holdings of XLG. Pineridge Advisors LLC acquired a new stake in shares of Invesco S&P 500 Top 50 ETF during the second quarter worth approximately $42,000. Concord Wealth Partners acquired a new stake in shares of Invesco S&P 500 Top 50 ETF during the 3rd quarter valued at $47,000. International Assets Investment Management LLC purchased a new position in shares of Invesco S&P 500 Top 50 ETF during the 2nd quarter valued at $73,000. Investors Research Corp increased its stake in shares of Invesco S&P 500 Top 50 ETF by 126.7% in the third quarter. Investors Research Corp now owns 1,909 shares of the company’s stock worth $91,000 after acquiring an additional 1,067 shares during the last quarter. Finally, First Personal Financial Services acquired a new stake in Invesco S&P 500 Top 50 ETF during the second quarter valued at $97,000.
Invesco S&P 500 Top 50 ETF Price Performance
Shares of XLG stock opened at $49.53 on Monday. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $36.06 and a fifty-two week high of $49.92. The stock’s 50-day moving average is $48.06 and its two-hundred day moving average is $46.18. The firm has a market cap of $4.83 billion, a P/E ratio of 2.92 and a beta of 1.08.
About Invesco S&P 500 Top 50 ETF
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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Want to see what other hedge funds are holding XLG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report).
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