Secure Asset Management LLC raised its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 36.8% during the 4th quarter, Holdings Channel reports. The firm owned 5,779 shares of the company’s stock after buying an additional 1,556 shares during the quarter. Secure Asset Management LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $289,000 as of its most recent filing with the SEC.
A number of other hedge funds have also modified their holdings of the company. Abound Wealth Management purchased a new stake in Invesco S&P 500 Top 50 ETF in the fourth quarter valued at approximately $30,000. Decker Retirement Planning Inc. purchased a new stake in shares of Invesco S&P 500 Top 50 ETF in the 4th quarter valued at $34,000. Concord Wealth Partners acquired a new stake in shares of Invesco S&P 500 Top 50 ETF in the third quarter worth $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 acquiring an additional 1,067 shares during the period. Finally, Centennial Bank AR purchased a new position in shares of Invesco S&P 500 Top 50 ETF during the second quarter worth $101,000.
Invesco S&P 500 Top 50 ETF Stock Performance
NYSEARCA:XLG opened at $51.47 on Friday. The firm’s fifty day moving average is $50.36 and its two-hundred day moving average is $48.00. The firm has a market cap of $5.02 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a one year low of $38.82 and a one year high of $51.80.
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.
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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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