Berbice Capital Management LLC Purchases New Holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Berbice Capital Management LLC bought a new position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 7,593 shares of the company’s stock, valued at approximately $379,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Abound Wealth Management bought a new stake in shares of Invesco S&P 500 Top 50 ETF during the 4th quarter worth $30,000. Decker Retirement Planning Inc. bought a new position in shares of Invesco S&P 500 Top 50 ETF in the fourth quarter worth about $34,000. Concord Wealth Partners bought a new position in shares of Invesco S&P 500 Top 50 ETF in the third quarter worth about $47,000. 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 purchasing an additional 1,067 shares during the period. Finally, Centennial Bank AR acquired a new stake in Invesco S&P 500 Top 50 ETF during the second quarter worth about $101,000.

Invesco S&P 500 Top 50 ETF Trading Up 0.2 %

NYSEARCA XLG opened at $51.73 on Friday. Invesco S&P 500 Top 50 ETF has a 1-year low of $38.82 and a 1-year high of $51.76. The stock’s 50 day moving average is $50.26 and its two-hundred day moving average is $47.94. The company has a market capitalization of $5.04 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08.

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.