Arete Wealth Advisors LLC grew its position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 131.5% in the 3rd quarter, Holdings Channel.com reports. The firm owned 39,048 shares of the company’s stock after buying an additional 22,182 shares during the period. Arete Wealth Advisors LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $1,845,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Integrated Wealth Concepts LLC grew its stake in shares of Invesco S&P 500 Top 50 ETF by 5.0% in the third quarter. Integrated Wealth Concepts LLC now owns 182,494 shares of the company’s stock worth $8,674,000 after purchasing an additional 8,687 shares in the last quarter. Cetera Investment Advisers grew its position in Invesco S&P 500 Top 50 ETF by 37.9% in the 2nd quarter. Cetera Investment Advisers now owns 251,440 shares of the company’s stock valued at $11,503,000 after buying an additional 69,107 shares in the last quarter. Keystone Wealth Services LLC grew its position in Invesco S&P 500 Top 50 ETF by 5.5% in the 3rd quarter. Keystone Wealth Services LLC now owns 47,023 shares of the company’s stock valued at $2,235,000 after buying an additional 2,457 shares in the last quarter. First Heartland Consultants Inc. boosted its holdings in shares of Invesco S&P 500 Top 50 ETF by 63.5% in the second quarter. First Heartland Consultants Inc. now owns 9,425 shares of the company’s stock valued at $431,000 after acquiring an additional 3,660 shares in the last quarter. Finally, Claro Advisors LLC acquired a new position in shares of Invesco S&P 500 Top 50 ETF during the third quarter valued at approximately $422,000.
Invesco S&P 500 Top 50 ETF Price Performance
Shares of NYSEARCA:XLG opened at $50.72 on Wednesday. The stock has a market cap of $4.94 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a 12 month low of $36.54 and a 12 month high of $51.11. The stock’s 50 day moving average price is $48.73 and its 200 day moving average price is $46.74.
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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