Stratos Wealth Partners LTD. boosted its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 66.5% during the 4th quarter, HoldingsChannel reports. The fund owned 476,332 shares of the company’s stock after purchasing an additional 190,180 shares during the period. Stratos Wealth Partners LTD.’s holdings in Invesco S&P 500 Top 50 ETF were worth $23,798,000 at the end of the most recent quarter.
Other institutional investors also recently bought and sold shares of the company. Abound Wealth Management bought a new stake in Invesco S&P 500 Top 50 ETF in the fourth quarter worth about $30,000. Decker Retirement Planning Inc. bought a new position in Invesco S&P 500 Top 50 ETF in the 4th quarter valued at $34,000. Concord Wealth Partners purchased a new stake in Invesco S&P 500 Top 50 ETF in the third quarter worth $47,000. Crews Bank & Trust purchased a new stake in shares of Invesco S&P 500 Top 50 ETF during the fourth quarter valued at $87,000. Finally, Investors Research Corp grew its holdings 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 last quarter.
Invesco S&P 500 Top 50 ETF Price Performance
Invesco S&P 500 Top 50 ETF stock opened at $50.84 on Wednesday. The stock has a market cap of $4.96 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08. The firm has a 50-day moving average of $50.56 and a two-hundred day moving average of $48.16. Invesco S&P 500 Top 50 ETF has a 1 year low of $39.75 and a 1 year high of $51.80.
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.
Featured Articles
- Five stocks we like better than Invesco S&P 500 Top 50 ETF
- 3 Warren Buffett Stocks to Buy Now
- Rocket Lab’s Growth Strategy: Small Rockets, Massive Potential
- How to Short a Stock in 5 Easy Steps
- Goldman Sachs vs. Morgan Stanley—Which Stock Has More Upside?
- What is the Nasdaq? Complete Overview with History
- 3 Reasons Bulls Will Win on Super Micro Computer Stock
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).
Receive News & Ratings for Invesco S&P 500 Top 50 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Top 50 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
