United Advisor Group LLC grew its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 18.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,747 shares of the company’s stock after buying an additional 1,378 shares during the period. United Advisor Group LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $416,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds also recently made changes to their positions in the company. Redhawk Wealth Advisors Inc. acquired a new position in Invesco S&P 500 Top 50 ETF during the 2nd quarter valued at about $33,242,000. Thrivent Financial for Lutherans raised its holdings in Invesco S&P 500 Top 50 ETF by 868.3% during the second quarter. Thrivent Financial for Lutherans now owns 664,259 shares of the company’s stock worth $30,389,000 after purchasing an additional 595,661 shares in the last quarter. Bricktown Capital LLC acquired a new stake in Invesco S&P 500 Top 50 ETF in the second quarter worth approximately $27,172,000. Wealth Enhancement Advisory Services LLC boosted its stake in Invesco S&P 500 Top 50 ETF by 4,253.3% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 601,146 shares of the company’s stock valued at $27,502,000 after purchasing an additional 587,337 shares in the last quarter. Finally, LPL Financial LLC increased its position in shares of Invesco S&P 500 Top 50 ETF by 6.6% during the 2nd quarter. LPL Financial LLC now owns 7,237,697 shares of the company’s stock valued at $331,125,000 after purchasing an additional 448,925 shares during the period.
Invesco S&P 500 Top 50 ETF Stock Performance
XLG opened at $47.87 on Wednesday. The stock’s fifty day moving average is $47.12 and its 200-day moving average is $45.43. Invesco S&P 500 Top 50 ETF has a one year low of $34.83 and a one year high of $48.81. The company has a market capitalization of $4.67 billion, a PE ratio of 2.92 and a beta of 1.08.
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.
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