Quantinno Capital Management LP Takes Position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Quantinno Capital Management LP purchased a new stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 15,070 shares of the company’s stock, valued at approximately $716,000.

Other large investors have also recently bought and sold shares of the company. Pineridge Advisors LLC bought a new stake in shares of Invesco S&P 500 Top 50 ETF during the second quarter worth $42,000. Concord Wealth Partners acquired a new position in Invesco S&P 500 Top 50 ETF in the third quarter valued at about $47,000. International Assets Investment Management LLC bought a new stake in shares of Invesco S&P 500 Top 50 ETF in the second quarter worth about $73,000. Investors Research Corp increased 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 acquiring an additional 1,067 shares in the last quarter. Finally, First Personal Financial Services bought a new stake in shares of Invesco S&P 500 Top 50 ETF in the second quarter worth about $97,000.

Invesco S&P 500 Top 50 ETF Stock Performance

NYSEARCA:XLG opened at $51.15 on Friday. The company has a market cap of $4.99 billion, a PE ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a 52-week low of $36.96 and a 52-week high of $51.44. The stock has a 50-day simple moving average of $48.98 and a 200 day simple moving average of $46.85.

About Invesco S&P 500 Top 50 ETF

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.