Migdal Insurance & Financial Holdings Ltd. increased its position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 17.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,451 shares of the company’s stock after buying an additional 1,226 shares during the quarter. Migdal Insurance & Financial Holdings Ltd.’s holdings in Invesco S&P 500 Top 50 ETF were worth $422,000 at the end of the most recent reporting period.
Other institutional investors have also modified their holdings of the company. Integrated Wealth Concepts LLC lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 5.0% in the third quarter. Integrated Wealth Concepts LLC now owns 182,494 shares of the company’s stock valued at $8,674,000 after buying an additional 8,687 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Invesco S&P 500 Top 50 ETF by 3.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 723,678 shares of the company’s stock valued at $34,396,000 after purchasing an additional 24,527 shares during the period. Keystone Wealth Services LLC increased its stake in Invesco S&P 500 Top 50 ETF by 5.5% in the 3rd quarter. Keystone Wealth Services LLC now owns 47,023 shares of the company’s stock worth $2,235,000 after purchasing an additional 2,457 shares in the last quarter. Claro Advisors LLC purchased a new position in Invesco S&P 500 Top 50 ETF in the 3rd quarter worth about $422,000. Finally, Keeler & Nadler Financial Planning & Wealth Management purchased a new position in Invesco S&P 500 Top 50 ETF in the 3rd quarter worth about $320,000.
Invesco S&P 500 Top 50 ETF Trading Down 1.2 %
Shares of XLG opened at $50.60 on Friday. The business’s 50-day moving average price is $50.65 and its 200 day moving average price is $48.24. The stock has a market capitalization of $4.93 billion, a P/E ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a 1-year low of $39.75 and a 1-year high of $51.80.
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.
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