Janney Montgomery Scott LLC Acquires 6,825 Shares of Invesco S&P 500 Top 50 ETF $XLG

Janney Montgomery Scott LLC increased its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 6.8% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 107,362 shares of the company’s stock after purchasing an additional 6,825 shares during the quarter. Janney Montgomery Scott LLC owned 0.06% of Invesco S&P 500 Top 50 ETF worth $5,594,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. SouthState Corp bought a new position in shares of Invesco S&P 500 Top 50 ETF during the 1st quarter worth approximately $28,000. MTM Investment Management LLC bought a new position in shares of Invesco S&P 500 Top 50 ETF during the 1st quarter worth approximately $30,000. Y.D. More Investments Ltd grew its stake in shares of Invesco S&P 500 Top 50 ETF by 149.2% during the 1st quarter. Y.D. More Investments Ltd now owns 648 shares of the company’s stock worth $30,000 after acquiring an additional 388 shares in the last quarter. Financial Gravity Asset Management Inc. bought a new position in shares of Invesco S&P 500 Top 50 ETF during the 1st quarter worth approximately $43,000. Finally, Headlands Technologies LLC grew its stake in shares of Invesco S&P 500 Top 50 ETF by 1,280.7% during the 1st quarter. Headlands Technologies LLC now owns 1,146 shares of the company’s stock worth $53,000 after acquiring an additional 1,063 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Trading Up 0.6%

NYSEARCA:XLG opened at $57.97 on Tuesday. Invesco S&P 500 Top 50 ETF has a 1-year low of $39.50 and a 1-year high of $58.03. The firm has a fifty day simple moving average of $55.62 and a 200 day simple moving average of $51.02. The stock has a market capitalization of $11.13 billion, a PE ratio of 27.80 and a beta of 1.00.

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.