Capital Advisors Ltd. LLC Invests $1.18 Million in Invesco S&P 500 Top 50 ETF $XLG

Capital Advisors Ltd. LLC purchased a new position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 19,880 shares of the company’s stock, valued at approximately $1,178,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. MCF Advisors LLC purchased a new stake in shares of Invesco S&P 500 Top 50 ETF in the third quarter worth approximately $27,000. New Republic Capital LLC raised its holdings in shares of Invesco S&P 500 Top 50 ETF by 90.5% in the third quarter. New Republic Capital LLC now owns 960 shares of the company’s stock worth $55,000 after buying an additional 456 shares during the period. Reyes Financial Architecture Inc. purchased a new stake in shares of Invesco S&P 500 Top 50 ETF in the third quarter worth approximately $55,000. Dagco Inc. purchased a new stake in shares of Invesco S&P 500 Top 50 ETF in the fourth quarter worth approximately $57,000. Finally, CGC Financial Services LLC raised its holdings in shares of Invesco S&P 500 Top 50 ETF by 193.1% in the third 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 $55.17 on Tuesday. The business’s 50 day moving average price is $56.74 and its 200-day moving average price is $58.02. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $39.50 and a fifty-two week high of $60.63. The company has a market cap of $9.88 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.