Beacon Financial Advisory LLC Buys 11,585 Shares of Invesco S&P 500 Top 50 ETF $XLG

Beacon Financial Advisory LLC increased its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 92.5% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 24,111 shares of the company’s stock after acquiring an additional 11,585 shares during the quarter. Beacon Financial Advisory LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $1,387,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of XLG. Harbor Asset Planning Inc. bought a new position in shares of Invesco S&P 500 Top 50 ETF during the 2nd quarter valued at about $31,000. LGT Financial Advisors LLC lifted its position in shares of 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 worth $41,000 after buying an additional 564 shares in the last quarter. Financial Gravity Companies Inc. bought a new position in Invesco S&P 500 Top 50 ETF during the second quarter valued at approximately $47,000. Blue Trust Inc. boosted 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 valued at $51,000 after buying an additional 569 shares during the last quarter. Finally, New Republic Capital LLC grew its holdings in Invesco S&P 500 Top 50 ETF by 90.5% during 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 in the last quarter.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of XLG opened at $58.85 on Friday. The stock has a market capitalization of $11.52 billion, a price-to-earnings ratio of 27.80 and a beta of 1.03. Invesco S&P 500 Top 50 ETF has a 1 year low of $39.50 and a 1 year high of $60.63. The business’s 50 day simple moving average is $59.15 and its 200-day simple moving average is $56.98.

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. 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.