Bank Hapoalim BM Has $15.07 Million Stake in Invesco S&P 500 Top 50 ETF $XLG

Bank Hapoalim BM increased its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 59.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 262,000 shares of the company’s stock after buying an additional 97,275 shares during the quarter. Invesco S&P 500 Top 50 ETF comprises approximately 1.9% of Bank Hapoalim BM’s investment portfolio, making the stock its 17th biggest position. Bank Hapoalim BM owned about 0.14% of Invesco S&P 500 Top 50 ETF worth $15,070,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in XLG. Harbor Asset Planning Inc. acquired a new stake in shares of Invesco S&P 500 Top 50 ETF during the 2nd quarter worth $31,000. LGT Financial Advisors LLC raised its stake in Invesco S&P 500 Top 50 ETF by 248.5% in the second quarter. LGT Financial Advisors LLC now owns 791 shares of the company’s stock valued at $41,000 after purchasing an additional 564 shares in the last quarter. Financial Gravity Companies Inc. bought a new stake in Invesco S&P 500 Top 50 ETF during the second quarter worth about $47,000. Blue Trust Inc. grew its stake in Invesco S&P 500 Top 50 ETF by 140.8% during the second quarter. Blue Trust Inc. now owns 973 shares of the company’s stock worth $51,000 after buying an additional 569 shares in the last quarter. Finally, New Republic Capital LLC increased its holdings in Invesco S&P 500 Top 50 ETF by 90.5% in the 3rd quarter. New Republic Capital LLC now owns 960 shares of the company’s stock valued at $55,000 after buying an additional 456 shares during the period.

Invesco S&P 500 Top 50 ETF Trading Down 0.1%

Shares of NYSEARCA:XLG opened at $58.85 on Friday. The firm has a 50 day moving average of $59.15 and a 200-day moving average of $56.98. Invesco S&P 500 Top 50 ETF has a 12 month low of $39.50 and a 12 month high of $60.63. The stock has a market capitalization of $11.52 billion, a PE 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.