Means Investment CO. Inc. Buys Shares of 103,715 Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Means Investment CO. Inc. purchased a new position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLGFree Report) in the fourth quarter, HoldingsChannel reports. The firm purchased 103,715 shares of the company’s stock, valued at approximately $5,182,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Integrated Wealth Concepts LLC raised its position in 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 acquiring an additional 8,687 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of Invesco S&P 500 Top 50 ETF by 3.5% in 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 during the last quarter. Cetera Investment Advisers raised its holdings in shares of 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 worth $11,503,000 after purchasing an additional 69,107 shares in the last quarter. Keystone Wealth Services LLC boosted its holdings in Invesco S&P 500 Top 50 ETF by 5.5% during the third quarter. Keystone Wealth Services LLC now owns 47,023 shares of the company’s stock worth $2,235,000 after buying an additional 2,457 shares in the last quarter. Finally, Claro Advisors LLC purchased a new position in Invesco S&P 500 Top 50 ETF in the 3rd quarter worth about $422,000.

Invesco S&P 500 Top 50 ETF Trading Down 0.4 %

XLG stock opened at $50.79 on Monday. The firm has a 50-day moving average of $50.54 and a two-hundred day moving average of $48.12. The firm has a market capitalization of $4.95 billion, a PE ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a one year low of $38.82 and a one year high of $51.80.

About Invesco S&P 500 Top 50 ETF

(Free Report)

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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Want to see what other hedge funds are holding XLG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Top 50 ETF (NYSEARCA:XLGFree Report).

Institutional Ownership by Quarter for Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

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