Invesco S&P 500 Top 50 ETF $XLG Shares Purchased by Cannon Advisors Inc.

Cannon Advisors Inc. boosted its position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 40.4% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 29,829 shares of the company’s stock after acquiring an additional 8,584 shares during the period. Invesco S&P 500 Top 50 ETF comprises approximately 1.2% of Cannon Advisors Inc.’s holdings, making the stock its 28th biggest holding. Cannon Advisors Inc.’s holdings in Invesco S&P 500 Top 50 ETF were worth $1,732,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. CGC Financial Services LLC boosted its holdings in shares of Invesco S&P 500 Top 50 ETF by 193.1% during the third quarter. CGC Financial Services LLC now owns 1,026 shares of the company’s stock worth $59,000 after purchasing an additional 676 shares during the last quarter. Clearview Wealth Advisors LLC boosted its stake in Invesco S&P 500 Top 50 ETF by 15.0% in the 3rd quarter. Clearview Wealth Advisors LLC now owns 20,121 shares of the company’s stock worth $1,157,000 after buying an additional 2,628 shares during the last quarter. Catalina Capital Group LLC grew its holdings in Invesco S&P 500 Top 50 ETF by 68.3% in the 3rd quarter. Catalina Capital Group LLC now owns 17,099 shares of the company’s stock valued at $984,000 after buying an additional 6,938 shares during the period. Kingswood Wealth Advisors LLC increased its stake in shares of Invesco S&P 500 Top 50 ETF by 27.7% during the 3rd quarter. Kingswood Wealth Advisors LLC now owns 5,273 shares of the company’s stock valued at $303,000 after acquiring an additional 1,143 shares during the last quarter. Finally, ShoreHaven Wealth Partners LLC lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 57.4% during the 3rd quarter. ShoreHaven Wealth Partners LLC now owns 225,830 shares of the company’s stock worth $12,990,000 after acquiring an additional 82,389 shares during the period.

Invesco S&P 500 Top 50 ETF Stock Performance

Invesco S&P 500 Top 50 ETF stock opened at $59.59 on Friday. Invesco S&P 500 Top 50 ETF has a 1 year low of $39.50 and a 1 year high of $60.63. The firm has a 50 day moving average price of $59.15 and a 200 day moving average price of $56.72. The company has a market cap of $11.69 billion, a price-to-earnings ratio of 27.80 and a beta of 1.03.

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. The Russell 3000 Index is an unmanaged capitalization-weighted index that offers investors access to the United States equity universe representing approximately 98% of the United States equity market.