Cypress Wealth Services LLC Takes Position in Invesco S&P 500 Top 50 ETF $XLG

Cypress Wealth Services LLC bought a new position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 10,970 shares of the company’s stock, valued at approximately $650,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Southland Equity Partners LLC purchased a new stake in Invesco S&P 500 Top 50 ETF during the fourth quarter worth approximately $275,000. Wealthcare Advisory Partners LLC raised its stake in shares of Invesco S&P 500 Top 50 ETF by 10.3% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 21,604 shares of the company’s stock valued at $1,281,000 after acquiring an additional 2,009 shares during the period. Emergent Wealth Advisors LLC raised its stake in shares of Invesco S&P 500 Top 50 ETF by 41.7% in the 4th quarter. Emergent Wealth Advisors LLC now owns 18,367 shares of the company’s stock valued at $1,089,000 after acquiring an additional 5,402 shares during the period. Team Financial Group LLC lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 50.6% during the 4th quarter. Team Financial Group LLC now owns 1,131 shares of the company’s stock valued at $67,000 after acquiring an additional 380 shares in the last quarter. Finally, CoreCap Advisors LLC lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 97.8% during the 4th quarter. CoreCap Advisors LLC now owns 32,978 shares of the company’s stock valued at $1,955,000 after acquiring an additional 16,309 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Stock Performance

Shares of Invesco S&P 500 Top 50 ETF stock opened at $52.92 on Monday. The company has a fifty day moving average price of $57.20 and a 200 day moving average price of $58.12. 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 $10.29 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.