Alteri Wealth LLC Purchases 1,740 Shares of Invesco S&P 500 Top 50 ETF $XLG

Alteri Wealth LLC grew its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 20.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,434 shares of the company’s stock after buying an additional 1,740 shares during the quarter. Alteri Wealth LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $544,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in XLG. SouthState Corp purchased a new position in shares of Invesco S&P 500 Top 50 ETF in the first quarter worth $28,000. Y.D. More Investments Ltd increased its holdings in Invesco S&P 500 Top 50 ETF by 149.2% in the 1st quarter. Y.D. More Investments Ltd now owns 648 shares of the company’s stock worth $30,000 after buying an additional 388 shares in the last quarter. Harbor Asset Planning Inc. bought a new stake in Invesco S&P 500 Top 50 ETF in the 2nd quarter worth about $31,000. LGT Financial Advisors LLC raised its position in Invesco S&P 500 Top 50 ETF by 248.5% in the 2nd quarter. LGT Financial Advisors LLC now owns 791 shares of the company’s stock worth $41,000 after buying an additional 564 shares during the last quarter. Finally, Financial Gravity Companies Inc. bought a new position in Invesco S&P 500 Top 50 ETF during the 2nd quarter valued at about $47,000.

Invesco S&P 500 Top 50 ETF Stock Down 1.2%

Shares of XLG stock opened at $57.53 on Wednesday. The company has a 50 day moving average price of $58.08 and a 200-day moving average price of $54.09. Invesco S&P 500 Top 50 ETF has a 52 week low of $39.50 and a 52 week high of $60.63. The firm has a market capitalization of $11.06 billion, a PE ratio of 27.80 and a beta of 1.03.

Invesco S&P 500 Top 50 ETF 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.