Invesco S&P 500 Top 50 ETF $XLG Shares Acquired by Demars Financial Group LLC

Demars Financial Group LLC lifted its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 3.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 795,098 shares of the company’s stock after purchasing an additional 27,593 shares during the quarter. Invesco S&P 500 Top 50 ETF comprises 15.8% of Demars Financial Group LLC’s holdings, making the stock its 2nd biggest position. Demars Financial Group LLC owned approximately 0.41% of Invesco S&P 500 Top 50 ETF worth $47,133,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Bank of America Corp DE grew its position in shares of Invesco S&P 500 Top 50 ETF by 7.4% in the 3rd quarter. Bank of America Corp DE now owns 4,248,330 shares of the company’s stock valued at $244,364,000 after purchasing an additional 291,048 shares during the period. JPMorgan Chase & Co. grew its position in shares of Invesco S&P 500 Top 50 ETF by 53.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,786,602 shares of the company’s stock valued at $217,805,000 after purchasing an additional 1,321,856 shares during the period. Raymond James Financial Inc. grew its position in shares of Invesco S&P 500 Top 50 ETF by 1.2% in the 3rd quarter. Raymond James Financial Inc. now owns 2,900,899 shares of the company’s stock valued at $166,860,000 after purchasing an additional 33,367 shares during the period. Principle Wealth Partners LLC grew its position in shares of Invesco S&P 500 Top 50 ETF by 2.2% in the 3rd quarter. Principle Wealth Partners LLC now owns 2,741,301 shares of the company’s stock valued at $157,680,000 after purchasing an additional 59,078 shares during the period. Finally, Bank of New York Mellon Corp boosted its position in Invesco S&P 500 Top 50 ETF by 0.3% during the 3rd quarter. Bank of New York Mellon Corp now owns 2,470,451 shares of the company’s stock worth $142,100,000 after acquiring an additional 6,376 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Stock Up 2.1%

NYSEARCA:XLG opened at $56.41 on Thursday. Invesco S&P 500 Top 50 ETF has a twelve month low of $40.75 and a twelve month high of $60.63. The business has a 50 day moving average price of $56.60 and a two-hundred day moving average price of $57.99. The company has a market cap of $10.10 billion, a P/E ratio of 27.80 and a beta of 1.04.

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.