Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) Shares Purchased by Perigon Wealth Management LLC

Perigon Wealth Management LLC grew its position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 167.9% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 26,323 shares of the company’s stock after purchasing an additional 16,496 shares during the period. Perigon Wealth Management LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $1,312,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. SteelPeak Wealth LLC lifted its holdings in Invesco S&P 500 Top 50 ETF by 1.8% in the third quarter. SteelPeak Wealth LLC now owns 12,511 shares of the company’s stock valued at $595,000 after acquiring an additional 221 shares during the last quarter. VitalStone Financial LLC lifted its stake in shares of Invesco S&P 500 Top 50 ETF by 10.7% in the 3rd quarter. VitalStone Financial LLC now owns 2,691 shares of the company’s stock valued at $128,000 after purchasing an additional 260 shares during the last quarter. Valley Brook Capital Group Inc. grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 5.5% during the 3rd quarter. Valley Brook Capital Group Inc. now owns 5,505 shares of the company’s stock worth $262,000 after purchasing an additional 285 shares during the period. First Heartland Consultants Inc. increased its position in shares of Invesco S&P 500 Top 50 ETF by 4.1% during 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 during the last quarter. Finally, Cooper Financial Group raised its holdings in Invesco S&P 500 Top 50 ETF by 8.8% in the 4th quarter. Cooper Financial Group now owns 4,901 shares of the company’s stock valued at $245,000 after buying an additional 398 shares during the period.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of XLG stock opened at $50.97 on Friday. Invesco S&P 500 Top 50 ETF has a 1-year low of $38.82 and a 1-year high of $51.80. The firm has a market cap of $4.97 billion, a PE ratio of 2.92 and a beta of 1.08. The company has a 50-day moving average of $50.47 and a two-hundred day moving average of $48.07.

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.