Elios Financial Group Inc. Takes Position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Elios Financial Group Inc. acquired a new position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 31,756 shares of the company’s stock, valued at approximately $1,509,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. LPL Financial LLC grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 10.2% in the 3rd quarter. LPL Financial LLC now owns 7,979,467 shares of the company’s stock worth $379,264,000 after acquiring an additional 741,770 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its position in shares of Invesco S&P 500 Top 50 ETF by 20.6% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,305,381 shares of the company’s stock worth $59,721,000 after acquiring an additional 223,301 shares in the last quarter. GPS Wealth Strategies Group LLC raised its holdings in shares of Invesco S&P 500 Top 50 ETF by 7.0% during the second quarter. GPS Wealth Strategies Group LLC now owns 927,894 shares of the company’s stock valued at $42,451,000 after acquiring an additional 60,665 shares during the period. Envestnet Asset Management Inc. lifted its position in shares of Invesco S&P 500 Top 50 ETF by 20.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 875,278 shares of the company’s stock valued at $40,044,000 after acquiring an additional 151,025 shares in the last quarter. Finally, Raymond James & Associates lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 69.7% in the third quarter. Raymond James & Associates now owns 816,880 shares of the company’s stock valued at $38,826,000 after purchasing an additional 335,532 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Trading Up 0.1 %

NYSEARCA:XLG opened at $49.16 on Tuesday. The business’s fifty day moving average price is $48.12 and its 200 day moving average price is $46.23. The firm has a market capitalization of $4.79 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a 1-year low of $36.06 and a 1-year high of $49.92.

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.