Crewe Advisors LLC Acquires Shares of 7,924 Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Crewe Advisors LLC bought a new stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 7,924 shares of the company’s stock, valued at approximately $377,000.

A number of other institutional investors have also modified their holdings of XLG. Cetera Investment Advisers raised its holdings in Invesco S&P 500 Top 50 ETF by 37.9% during the second 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 raised its stake in shares of Invesco S&P 500 Top 50 ETF by 5.5% during the 3rd 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. Cooper Financial Group acquired a new stake in shares of Invesco S&P 500 Top 50 ETF in the 2nd quarter valued at approximately $206,000. First Heartland Consultants Inc. boosted its stake in shares of Invesco S&P 500 Top 50 ETF by 63.5% in the second quarter. First Heartland Consultants Inc. now owns 9,425 shares of the company’s stock valued at $431,000 after buying an additional 3,660 shares in the last quarter. Finally, Claro Advisors LLC acquired a new position in Invesco S&P 500 Top 50 ETF during the third quarter worth $422,000.

Invesco S&P 500 Top 50 ETF Stock Performance

NYSEARCA:XLG opened at $49.12 on Friday. Invesco S&P 500 Top 50 ETF has a 1 year low of $36.06 and a 1 year high of $49.92. The stock has a fifty day moving average price of $48.06 and a two-hundred day moving average price of $46.15. The stock has a market capitalization of $4.79 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.