Assetmark Inc. Increases Stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Assetmark Inc. increased its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLGFree Report) by 77.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,581 shares of the company’s stock after buying an additional 1,128 shares during the period. Assetmark Inc.’s holdings in Invesco S&P 500 Top 50 ETF were worth $97,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Fortune 45 LLC boosted its position in Invesco S&P 500 Top 50 ETF by 2.8% during the fourth quarter. Fortune 45 LLC now owns 9,671 shares of the company’s stock valued at $365,000 after purchasing an additional 260 shares in the last quarter. Private Trust Co. NA boosted its position in Invesco S&P 500 Top 50 ETF by 6.9% during the fourth quarter. Private Trust Co. NA now owns 4,060 shares of the company’s stock valued at $153,000 after purchasing an additional 261 shares in the last quarter. Spire Wealth Management boosted its position in Invesco S&P 500 Top 50 ETF by 9.9% during the fourth quarter. Spire Wealth Management now owns 5,666 shares of the company’s stock valued at $220,000 after purchasing an additional 511 shares in the last quarter. Financial Gravity Asset Management Inc. boosted its holdings in Invesco S&P 500 Top 50 ETF by 172.9% in the third quarter. Financial Gravity Asset Management Inc. now owns 955 shares of the company’s stock worth $32,000 after acquiring an additional 605 shares in the last quarter. Finally, Key Client Fiduciary Advisors LLC boosted its holdings in Invesco S&P 500 Top 50 ETF by 7.3% in the fourth quarter. Key Client Fiduciary Advisors LLC now owns 9,155 shares of the company’s stock worth $345,000 after acquiring an additional 620 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Stock Performance

Shares of NYSEARCA XLG opened at $43.27 on Friday. The company has a market cap of $4.22 billion, a PE ratio of 2.92 and a beta of 1.08. The business has a 50-day simple moving average of $41.98 and a two-hundred day simple moving average of $39.98. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $32.74 and a fifty-two week high of $43.85.

About Invesco S&P 500 Top 50 ETF

(Free Report)

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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Institutional Ownership by Quarter for Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

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