Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) Shares Purchased by Insight Advisors LLC PA

Insight Advisors LLC PA boosted its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 9.9% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 7,989 shares of the company’s stock after purchasing an additional 717 shares during the quarter. Insight Advisors LLC PA’s holdings in Invesco S&P 500 Top 50 ETF were worth $402,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. LPL Financial LLC boosted its stake in Invesco S&P 500 Top 50 ETF by 10.2% in the third quarter. LPL Financial LLC now owns 7,979,467 shares of the company’s stock valued at $379,264,000 after acquiring an additional 741,770 shares in the last quarter. Raymond James & Associates lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 69.7% in the 3rd quarter. Raymond James & Associates now owns 816,880 shares of the company’s stock valued at $38,826,000 after purchasing an additional 335,532 shares during the last quarter. Bank Hapoalim BM acquired a new stake in shares of Invesco S&P 500 Top 50 ETF in the 4th quarter valued at about $13,289,000. HighTower Advisors LLC grew its stake in Invesco S&P 500 Top 50 ETF by 27.7% during the 3rd quarter. HighTower Advisors LLC now owns 925,321 shares of the company’s stock worth $43,982,000 after buying an additional 200,879 shares during the last quarter. Finally, Stratos Wealth Partners LTD. increased its position in Invesco S&P 500 Top 50 ETF by 66.5% during the fourth quarter. Stratos Wealth Partners LTD. now owns 476,332 shares of the company’s stock worth $23,798,000 after buying an additional 190,180 shares during the period.

Invesco S&P 500 Top 50 ETF Trading Up 0.6 %

Shares of NYSEARCA XLG opened at $51.22 on Friday. The stock has a market cap of $4.99 billion, a P/E ratio of 2.92 and a beta of 1.08. The stock has a 50 day moving average of $50.61 and a two-hundred day moving average of $48.22. Invesco S&P 500 Top 50 ETF has a twelve month low of $39.75 and a twelve month high of $51.80.

Invesco S&P 500 Top 50 ETF 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.