Bush Investment Group LLC increased its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 104.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 63,209 shares of the company’s stock after purchasing an additional 32,272 shares during the quarter. Invesco S&P 500 Top 50 ETF makes up approximately 2.2% of Bush Investment Group LLC’s portfolio, making the stock its 14th biggest position. Bush Investment Group LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $3,636,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Soundwatch Capital LLC acquired a new stake in Invesco S&P 500 Top 50 ETF during the second quarter worth approximately $1,790,000. JPMorgan Chase & Co. lifted its position in shares of Invesco S&P 500 Top 50 ETF by 53.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,786,602 shares of the company’s stock worth $217,805,000 after buying an additional 1,321,856 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of Invesco S&P 500 Top 50 ETF by 46.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,296,020 shares of the company’s stock valued at $132,108,000 after buying an additional 729,356 shares in the last quarter. CW Advisors LLC boosted its holdings in shares of Invesco S&P 500 Top 50 ETF by 1,645.5% in the 2nd quarter. CW Advisors LLC now owns 719,865 shares of the company’s stock valued at $37,505,000 after buying an additional 678,624 shares in the last quarter. Finally, Raymond James Financial Inc. grew its position in shares of Invesco S&P 500 Top 50 ETF by 25.8% in the 2nd quarter. Raymond James Financial Inc. now owns 2,867,532 shares of the company’s stock valued at $149,398,000 after buying an additional 588,257 shares during the last quarter.
Invesco S&P 500 Top 50 ETF Price Performance
Shares of NYSEARCA:XLG opened at $55.54 on Thursday. The company’s fifty day moving average price is $57.87 and its 200 day moving average price is $58.14. Invesco S&P 500 Top 50 ETF has a 12 month low of $39.50 and a 12 month high of $60.63. The firm has a market capitalization of $10.80 billion, a P/E 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.
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