38,115 Shares in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) Acquired by Heritage Wealth Partners LLC

Heritage Wealth Partners LLC acquired a new stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 38,115 shares of the company’s stock, valued at approximately $1,904,000. Invesco S&P 500 Top 50 ETF comprises 2.4% of Heritage Wealth Partners LLC’s holdings, making the stock its 14th biggest holding.

Other institutional investors have also recently modified their holdings of the company. Abound Wealth Management bought a new position in Invesco S&P 500 Top 50 ETF in the 4th quarter worth about $30,000. Cooper Financial Group grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 8.8% during the fourth quarter. Cooper Financial Group now owns 4,901 shares of the company’s stock valued at $245,000 after buying an additional 398 shares during the last quarter. Wedmont Private Capital increased its position in shares of Invesco S&P 500 Top 50 ETF by 4.9% during the fourth quarter. Wedmont Private Capital now owns 9,017 shares of the company’s stock valued at $446,000 after acquiring an additional 420 shares in the last quarter. City Center Advisors LLC purchased a new position in Invesco S&P 500 Top 50 ETF in the 4th quarter worth approximately $1,342,000. Finally, HBW Advisory Services LLC lifted its position in Invesco S&P 500 Top 50 ETF by 9.3% in the 4th quarter. HBW Advisory Services LLC now owns 73,961 shares of the company’s stock valued at $3,695,000 after acquiring an additional 6,278 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Trading Down 0.1 %

XLG traded down $0.07 during trading on Monday, hitting $49.43. 1,316,217 shares of the company’s stock traded hands, compared to its average volume of 1,565,951. The stock has a market capitalization of $4.82 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08. The company’s 50 day simple moving average is $50.08 and its two-hundred day simple moving average is $47.74. Invesco S&P 500 Top 50 ETF has a 12-month low of $37.67 and a 12-month high of $51.76.

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.