HBW Advisory Services LLC Raises Stock Position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

HBW Advisory Services LLC boosted its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 9.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 73,961 shares of the company’s stock after buying an additional 6,278 shares during the quarter. HBW Advisory Services LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $3,695,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Concord Wealth Partners purchased a new position in Invesco S&P 500 Top 50 ETF during the third quarter valued at approximately $47,000. Investors Research Corp increased its holdings in Invesco S&P 500 Top 50 ETF by 126.7% during the third quarter. Investors Research Corp now owns 1,909 shares of the company’s stock valued at $91,000 after buying an additional 1,067 shares during the period. Centennial Bank AR purchased a new position in Invesco S&P 500 Top 50 ETF in the second quarter worth $101,000. VitalStone Financial LLC grew its holdings in Invesco S&P 500 Top 50 ETF by 35.9% in the second quarter. VitalStone Financial LLC now owns 2,431 shares of the company’s stock worth $111,000 after purchasing an additional 642 shares during the last quarter. Finally, Assetmark Inc. grew its holdings in Invesco S&P 500 Top 50 ETF by 2,175.0% in the third quarter. Assetmark Inc. now owns 2,366 shares of the company’s stock worth $112,000 after purchasing an additional 2,262 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Price Performance

NYSEARCA XLG traded down $0.68 on Friday, hitting $49.58. The stock had a trading volume of 1,441,111 shares, compared to its average volume of 1,568,333. The business’s fifty day moving average price is $50.04 and its 200 day moving average price is $47.69. Invesco S&P 500 Top 50 ETF has a 52-week low of $37.67 and a 52-week high of $51.76. The stock has a market cap of $4.83 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08.

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.