Orion Portfolio Solutions LLC Takes $650,000 Position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Orion Portfolio Solutions LLC acquired a new stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLGFree Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 17,219 shares of the company’s stock, valued at approximately $650,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Financial Gravity Asset Management Inc. raised its stake in Invesco S&P 500 Top 50 ETF by 172.9% during the 3rd 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. Headinvest LLC acquired a new stake in Invesco S&P 500 Top 50 ETF during the 3rd quarter worth $36,000. BKM Wealth Management LLC purchased a new position in Invesco S&P 500 Top 50 ETF during the 4th quarter worth $46,000. Register Financial Advisors LLC purchased a new position in Invesco S&P 500 Top 50 ETF during the 4th quarter worth $46,000. Finally, Assetmark Inc. grew its position in Invesco S&P 500 Top 50 ETF by 77.6% during the 4th quarter. Assetmark Inc. now owns 2,581 shares of the company’s stock worth $97,000 after purchasing an additional 1,128 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Stock Performance

Shares of Invesco S&P 500 Top 50 ETF stock opened at $44.32 on Thursday. Invesco S&P 500 Top 50 ETF has a 1 year low of $32.74 and a 1 year high of $44.33. The company has a market capitalization of $4.32 billion, a P/E ratio of 2.92 and a beta of 1.08. The company’s fifty day moving average is $42.09 and its two-hundred day moving average is $40.17.

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.

See Also

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

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