Fifth Third Bancorp Raises Holdings in Invesco S&P 500 Top 50 ETF $XLG

Fifth Third Bancorp grew its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 1,524.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 49,699 shares of the company’s stock after acquiring an additional 46,639 shares during the quarter. Fifth Third Bancorp’s holdings in Invesco S&P 500 Top 50 ETF were worth $2,711,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. LPL Financial LLC increased its position in shares of Invesco S&P 500 Top 50 ETF by 8.0% in the fourth quarter. LPL Financial LLC now owns 11,554,356 shares of the company’s stock worth $684,942,000 after acquiring an additional 856,661 shares in the last quarter. Morgan Stanley lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 2.1% during the 4th quarter. Morgan Stanley now owns 6,977,609 shares of the company’s stock valued at $413,633,000 after acquiring an additional 144,276 shares in the last quarter. Bank of America Corp DE boosted its position in Invesco S&P 500 Top 50 ETF by 7.4% during the 3rd quarter. Bank of America Corp DE now owns 4,248,330 shares of the company’s stock worth $244,364,000 after purchasing an additional 291,048 shares during the period. JPMorgan Chase & Co. increased its holdings in Invesco S&P 500 Top 50 ETF by 1.4% in the 4th quarter. JPMorgan Chase & Co. now owns 3,841,051 shares of the company’s stock valued at $227,698,000 after purchasing an additional 54,449 shares in the last quarter. Finally, Wells Fargo & Company MN increased its holdings in Invesco S&P 500 Top 50 ETF by 1.4% in the 4th quarter. Wells Fargo & Company MN now owns 3,812,317 shares of the company’s stock valued at $225,994,000 after purchasing an additional 52,644 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Stock Performance

XLG stock opened at $60.71 on Tuesday. The firm has a market cap of $10.62 billion, a P/E ratio of 27.80 and a beta of 1.06. Invesco S&P 500 Top 50 ETF has a 1 year low of $52.60 and a 1 year high of $64.77. The stock has a 50-day simple moving average of $62.11 and a 200-day simple moving average of $59.43.

Invesco S&P 500 Top 50 ETF 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.