Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) Shares Acquired by Cedar Wealth Management LLC

Cedar Wealth Management LLC increased its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 15.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 420,427 shares of the company’s stock after acquiring an additional 55,229 shares during the quarter. Invesco S&P 500 Top 50 ETF comprises 7.6% of Cedar Wealth Management LLC’s investment portfolio, making the stock its 5th biggest position. Cedar Wealth Management LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $21,005,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the business. Valley Brook Capital Group Inc. increased its stake in Invesco S&P 500 Top 50 ETF by 6.4% during the fourth quarter. Valley Brook Capital Group Inc. now owns 5,855 shares of the company’s stock worth $293,000 after purchasing an additional 350 shares during the period. Joel Isaacson & Co. LLC raised its stake in Invesco S&P 500 Top 50 ETF by 3.0% in the fourth quarter. Joel Isaacson & Co. LLC now owns 12,587 shares of the company’s stock valued at $629,000 after buying an additional 368 shares in the last quarter. Jackson Wealth Management LLC lifted its holdings in Invesco S&P 500 Top 50 ETF by 0.3% during the 4th quarter. Jackson Wealth Management LLC now owns 140,525 shares of the company’s stock worth $7,021,000 after buying an additional 376 shares during the last quarter. Cooper Financial Group boosted its position in shares of Invesco S&P 500 Top 50 ETF by 8.8% during the 4th quarter. Cooper Financial Group now owns 4,901 shares of the company’s stock worth $245,000 after acquiring an additional 398 shares in the last quarter. Finally, Principal Securities Inc. increased its holdings in shares of Invesco S&P 500 Top 50 ETF by 0.4% in the 4th quarter. Principal Securities Inc. now owns 99,197 shares of the company’s stock valued at $4,956,000 after acquiring an additional 418 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Trading Up 0.5 %

XLG stock opened at $46.91 on Friday. The stock has a market cap of $8.20 billion, a P/E ratio of 26.40 and a beta of 1.01. Invesco S&P 500 Top 50 ETF has a twelve month low of $39.75 and a twelve month high of $51.80. The company’s 50 day moving average is $49.61 and its two-hundred day moving average is $49.05.

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.