Gries Financial LLC Boosts Stock Position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Gries Financial LLC raised its position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 37.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 8,420 shares of the company’s stock after acquiring an additional 2,293 shares during the quarter. Gries Financial LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $421,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Integrated Wealth Concepts LLC boosted its position in Invesco S&P 500 Top 50 ETF by 5.0% in 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 during the period. JPMorgan Chase & Co. grew its stake in Invesco S&P 500 Top 50 ETF by 3.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 723,678 shares of the company’s stock worth $34,396,000 after purchasing an additional 24,527 shares in the last quarter. Cetera Investment Advisers increased its holdings in Invesco S&P 500 Top 50 ETF by 37.9% during the 2nd quarter. Cetera Investment Advisers now owns 251,440 shares of the company’s stock worth $11,503,000 after purchasing an additional 69,107 shares during the period. Keystone Wealth Services LLC raised 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 purchasing an additional 2,457 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 worth about $422,000.

Invesco S&P 500 Top 50 ETF Stock Up 0.2 %

Shares of NYSEARCA:XLG opened at $50.97 on Friday. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $38.82 and a fifty-two week high of $51.80. The firm’s 50 day moving average price is $50.47 and its 200 day moving average price is $48.07. The stock has a market cap of $4.97 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08.

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.