City Center Advisors LLC Boosts Stake in Invesco S&P 500 Top 50 ETF $XLG

City Center Advisors LLC raised its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 22.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 66,871 shares of the company’s stock after purchasing an additional 12,127 shares during the period. Invesco S&P 500 Top 50 ETF accounts for approximately 3.7% of City Center Advisors LLC’s portfolio, making the stock its 4th largest holding. City Center Advisors LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $3,846,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in XLG. AE Wealth Management LLC boosted its holdings in Invesco S&P 500 Top 50 ETF by 71.4% in the 2nd quarter. AE Wealth Management LLC now owns 126,429 shares of the company’s stock valued at $6,587,000 after purchasing an additional 52,645 shares during the period. M Holdings Securities Inc. purchased a new stake in shares of Invesco S&P 500 Top 50 ETF in the second quarter worth $656,000. Avestar Capital LLC boosted its stake in Invesco S&P 500 Top 50 ETF by 14.8% during the second quarter. Avestar Capital LLC now owns 210,218 shares of the company’s stock valued at $10,952,000 after buying an additional 27,160 shares during the period. Hershey Financial Advisers LLC purchased a new position in Invesco S&P 500 Top 50 ETF during the second quarter worth about $1,216,000. Finally, Future Financial Wealth Managment LLC purchased a new position in Invesco S&P 500 Top 50 ETF during the second quarter worth about $328,000.

Invesco S&P 500 Top 50 ETF Stock Down 0.4%

NYSEARCA:XLG opened at $58.78 on Tuesday. The business’s 50-day moving average price is $58.77 and its two-hundred day moving average price is $55.54. Invesco S&P 500 Top 50 ETF has a twelve month low of $39.50 and a twelve month high of $60.63. The stock has a market cap of $11.30 billion, a P/E 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.