Baring Financial LLC bought a new position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 19,323 shares of the company’s stock, valued at approximately $1,145,000.
A number of other institutional investors and hedge funds have also recently bought and sold shares of XLG. MCF Advisors LLC acquired a new stake in shares of Invesco S&P 500 Top 50 ETF in the third quarter valued at about $27,000. New Republic Capital LLC increased its stake 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 purchasing an additional 456 shares during the period. Reyes Financial Architecture Inc. acquired a new position in shares of Invesco S&P 500 Top 50 ETF during the 3rd quarter worth about $55,000. Transce3nd LLC lifted its position in shares of Invesco S&P 500 Top 50 ETF by 36.8% during the 2nd quarter. Transce3nd LLC now owns 1,127 shares of the company’s stock worth $59,000 after purchasing an additional 303 shares during the last quarter. Finally, CGC Financial Services LLC boosted 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 valued at $59,000 after purchasing an additional 676 shares during the period.
Invesco S&P 500 Top 50 ETF Stock Down 1.4%
XLG opened at $54.51 on Friday. The stock’s 50 day moving average price is $57.69 and its two-hundred day moving average price is $58.12. The firm has a market capitalization of $10.60 billion, a P/E ratio of 27.80 and a beta of 1.03. Invesco S&P 500 Top 50 ETF has a 12-month low of $39.50 and a 12-month high of $60.63.
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.
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