Leo Wealth LLC Has $3.70 Million Stock Position in Invesco S&P 500 Top 50 ETF $XLG

Leo Wealth LLC boosted its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 17.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 62,363 shares of the company’s stock after purchasing an additional 9,189 shares during the quarter. Leo Wealth LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $3,697,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. MCF Advisors LLC acquired a new position in shares of Invesco S&P 500 Top 50 ETF during the third quarter valued at about $27,000. New Republic Capital LLC grew its stake in shares of 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. Reyes Financial Architecture Inc. bought a new stake in Invesco S&P 500 Top 50 ETF in the 3rd quarter valued at about $55,000. Dagco Inc. bought a new stake in Invesco S&P 500 Top 50 ETF in the 4th quarter valued at about $57,000. Finally, CGC Financial Services LLC raised its stake in Invesco S&P 500 Top 50 ETF by 193.1% during the 3rd quarter. CGC Financial Services LLC now owns 1,026 shares of the company’s stock worth $59,000 after buying an additional 676 shares during the period.

Invesco S&P 500 Top 50 ETF Stock Performance

Shares of NYSEARCA:XLG opened at $54.91 on Monday. Invesco S&P 500 Top 50 ETF has a 52-week low of $39.50 and a 52-week high of $60.63. The business’s 50 day simple moving average is $56.82 and its two-hundred day simple moving average is $58.03. The firm has a market cap of $9.84 billion, a P/E ratio of 27.80 and a beta of 1.03.

Invesco S&P 500 Top 50 ETF Company 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.