Wealth Enhancement Advisory Services LLC increased its position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 28.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 774,712 shares of the company’s stock after buying an additional 173,566 shares during the quarter. Wealth Enhancement Advisory Services LLC owned about 0.79% of Invesco S&P 500 Top 50 ETF worth $36,822,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also recently added to or reduced their stakes in the company. Pineridge Advisors LLC acquired a new position in Invesco S&P 500 Top 50 ETF during the 2nd quarter worth $42,000. International Assets Investment Management LLC acquired a new stake in shares of Invesco S&P 500 Top 50 ETF during the 2nd quarter valued at about $73,000. VitalStone Financial LLC boosted its position in Invesco S&P 500 Top 50 ETF by 21.7% during the first quarter. VitalStone Financial LLC now owns 1,789 shares of the company’s stock worth $75,000 after purchasing an additional 319 shares during the period. First Personal Financial Services acquired a new position in shares of Invesco S&P 500 Top 50 ETF during the 2nd quarter worth about $97,000. Finally, Centennial Bank AR bought a new position in Invesco S&P 500 Top 50 ETF during the second quarter valued at about $101,000.
Invesco S&P 500 Top 50 ETF Stock Performance
NYSEARCA:XLG opened at $48.29 on Friday. The company has a market capitalization of $4.71 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08. The company has a 50-day moving average of $46.93 and a 200-day moving average of $45.06. Invesco S&P 500 Top 50 ETF has a 52 week low of $32.74 and a 52 week high of $48.74.
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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