KG&L Capital Management LLC raised its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 10.0% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 19,888 shares of the company’s stock after buying an additional 1,814 shares during the period. KG&L Capital Management LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $994,000 as of its most recent SEC filing.
Several other institutional investors have also modified their holdings of XLG. Bank of Montreal Can boosted its holdings in Invesco S&P 500 Top 50 ETF by 4.4% in the second quarter. Bank of Montreal Can now owns 57,019 shares of the company’s stock valued at $2,618,000 after purchasing an additional 2,425 shares during the period. Creative Planning raised its position in Invesco S&P 500 Top 50 ETF by 104.5% in the 2nd quarter. Creative Planning now owns 29,007 shares of the company’s stock valued at $1,327,000 after purchasing an additional 14,820 shares in the last quarter. B. Riley Wealth Advisors Inc. purchased a new position in shares of Invesco S&P 500 Top 50 ETF in the 2nd quarter valued at about $289,000. Cetera Investment Advisers boosted its stake 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 valued at $11,503,000 after buying an additional 69,107 shares during the period. Finally, Sanctuary Advisors LLC acquired a new position in shares of Invesco S&P 500 Top 50 ETF during the second quarter worth about $7,240,000.
Invesco S&P 500 Top 50 ETF Stock Down 0.4 %
Shares of NYSEARCA:XLG opened at $50.79 on Friday. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $38.82 and a fifty-two week high of $51.80. The firm’s 50 day moving average price is $50.50 and its 200 day moving average price is $48.09. The stock has a market cap of $4.95 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.
Further Reading
- Five stocks we like better than Invesco S&P 500 Top 50 ETF
- Health Care Stocks Explained: Why You Might Want to Invest
- ServiceNow Stock Slips, But AI Expansion Signals Long-Term Gains
- Utilities Stocks Explained – How and Why to Invest in Utilities
- Microsoft and Meta’s AI Investment Plans Are Full Steam Ahead
- How to Buy Cheap Stocks Step by Step
- Beyond Self-Driving Cars: Factory Automation Takes Center Stage
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).
Receive News & Ratings for Invesco S&P 500 Top 50 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Top 50 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
