Compass Ion Advisors LLC purchased a new stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) during the 3rd quarter, HoldingsChannel.com reports. The fund purchased 20,296 shares of the company’s stock, valued at approximately $965,000.
A number of other hedge funds have also added to or reduced their stakes in the stock. Pineridge Advisors LLC purchased a new stake in Invesco S&P 500 Top 50 ETF in the 2nd quarter valued at $42,000. International Assets Investment Management LLC purchased a new position in Invesco S&P 500 Top 50 ETF during the second quarter worth about $73,000. VitalStone Financial LLC grew its position in Invesco S&P 500 Top 50 ETF by 21.7% in the 1st quarter. VitalStone Financial LLC now owns 1,789 shares of the company’s stock worth $75,000 after purchasing an additional 319 shares in the last quarter. Hazlett Burt & Watson Inc. grew its position in Invesco S&P 500 Top 50 ETF by 412.2% in the 1st quarter. Hazlett Burt & Watson Inc. now owns 1,926 shares of the company’s stock worth $81,000 after purchasing an additional 1,550 shares in the last quarter. Finally, First Personal Financial Services purchased a new stake in Invesco S&P 500 Top 50 ETF in the 2nd quarter valued at about $97,000.
Invesco S&P 500 Top 50 ETF Price Performance
Shares of NYSEARCA XLG traded up $0.22 during midday trading on Friday, reaching $48.38. The company’s stock had a trading volume of 827,648 shares, compared to its average volume of 1,425,901. The stock has a market capitalization of $4.72 billion, a P/E ratio of 2.92 and a beta of 1.08. The firm has a 50 day moving average price of $46.63 and a 200-day moving average price of $44.84. Invesco S&P 500 Top 50 ETF has a 12-month low of $32.74 and a 12-month high of $48.56.
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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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:XLG – Free Report).
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