CoreCap Advisors LLC Acquires 16,309 Shares of Invesco S&P 500 Top 50 ETF $XLG

CoreCap Advisors LLC boosted its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 97.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 32,978 shares of the company’s stock after acquiring an additional 16,309 shares during the quarter. CoreCap Advisors LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $1,955,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Sharkey Howes & Javer lifted its position in shares of Invesco S&P 500 Top 50 ETF by 70.5% during the fourth quarter. Sharkey Howes & Javer now owns 11,431 shares of the company’s stock worth $678,000 after purchasing an additional 4,727 shares in the last quarter. Kathmere Capital Management LLC acquired a new stake in Invesco S&P 500 Top 50 ETF in the fourth quarter worth about $857,000. Cadent Capital Advisors LLC raised its holdings in Invesco S&P 500 Top 50 ETF by 4.3% during the 4th quarter. Cadent Capital Advisors LLC now owns 9,448 shares of the company’s stock worth $560,000 after purchasing an additional 392 shares during the last quarter. Mayflower Financial Advisors LLC raised its holdings in Invesco S&P 500 Top 50 ETF by 4.5% during the 4th quarter. Mayflower Financial Advisors LLC now owns 157,993 shares of the company’s stock worth $9,366,000 after purchasing an additional 6,758 shares during the last quarter. Finally, Signal Advisors Wealth LLC lifted its position in Invesco S&P 500 Top 50 ETF by 62.5% during the 4th quarter. Signal Advisors Wealth LLC now owns 44,074 shares of the company’s stock valued at $2,613,000 after purchasing an additional 16,949 shares during the period.

Invesco S&P 500 Top 50 ETF Trading Down 1.9%

Shares of NYSEARCA XLG opened at $52.92 on Friday. The firm has a market capitalization of $10.29 billion, a PE ratio of 27.80 and a beta of 1.03. Invesco S&P 500 Top 50 ETF has a 1 year low of $39.50 and a 1 year high of $60.63. The firm’s 50-day moving average is $57.20 and its 200-day moving average is $58.11.

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.