C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Invests $8.72 Million in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) during the fourth quarter, Holdings Channel.com reports. The fund bought 174,446 shares of the company’s stock, valued at approximately $8,715,000.

Several other hedge funds have also bought and sold shares of the stock. Integrated Wealth Concepts LLC raised its position in shares of Invesco S&P 500 Top 50 ETF by 5.0% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 182,494 shares of the company’s stock valued at $8,674,000 after buying an additional 8,687 shares in the last quarter. JPMorgan Chase & Co. increased its stake in Invesco S&P 500 Top 50 ETF by 3.5% in the third quarter. JPMorgan Chase & Co. now owns 723,678 shares of the company’s stock valued at $34,396,000 after acquiring an additional 24,527 shares during the last quarter. Claro Advisors LLC purchased a new stake in Invesco S&P 500 Top 50 ETF during the third quarter valued at about $422,000. Advisors Preferred LLC bought a new stake in Invesco S&P 500 Top 50 ETF during the fourth quarter worth about $1,101,000. Finally, First Heartland Consultants Inc. boosted its holdings in shares of Invesco S&P 500 Top 50 ETF by 4.1% in the 3rd quarter. First Heartland Consultants Inc. now owns 9,807 shares of the company’s stock worth $466,000 after purchasing an additional 382 shares in the last quarter.

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

Shares of Invesco S&P 500 Top 50 ETF stock opened at $50.94 on Thursday. The business’s 50-day moving average price is $50.70 and its 200-day moving average price is $48.39. The firm has a market capitalization of $4.97 billion, a PE ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a 12 month low of $39.75 and a 12 month 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.