Flagship Wealth Advisors LLC Acquires New Holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Flagship Wealth Advisors LLC purchased a new position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) in the fourth quarter, HoldingsChannel reports. The fund purchased 8,700 shares of the company’s stock, valued at approximately $435,000.

A number of other large investors have also recently bought and sold shares of XLG. Halbert Hargrove Global Advisors LLC bought a new stake in shares of Invesco S&P 500 Top 50 ETF during the 4th quarter worth approximately $26,000. Abound Wealth Management acquired a new position in shares of Invesco S&P 500 Top 50 ETF during the 4th quarter worth approximately $30,000. Hager Investment Management Services LLC bought a new stake in shares of Invesco S&P 500 Top 50 ETF during the 4th quarter worth approximately $30,000. Decker Retirement Planning Inc. bought a new stake in shares of Invesco S&P 500 Top 50 ETF during the 4th quarter worth approximately $34,000. Finally, Rothschild Investment LLC bought a new position in Invesco S&P 500 Top 50 ETF in the 4th quarter valued at approximately $50,000.

Invesco S&P 500 Top 50 ETF Stock Performance

Shares of NYSEARCA XLG opened at $46.74 on Monday. Invesco S&P 500 Top 50 ETF has a 52-week low of $39.75 and a 52-week high of $51.80. The firm has a 50 day moving average price of $49.97 and a two-hundred day moving average price of $49.05. The stock has a market cap of $8.17 billion, a P/E ratio of 26.40 and a beta of 1.01.

About Invesco S&P 500 Top 50 ETF

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.