Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) Shares Purchased by Focus Financial Network Inc.

Focus Financial Network Inc. raised its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 310.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 58,641 shares of the company’s stock after buying an additional 44,358 shares during the period. Focus Financial Network Inc.’s holdings in Invesco S&P 500 Top 50 ETF were worth $2,699,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in XLG. B. Riley Wealth Advisors Inc. raised its position in Invesco S&P 500 Top 50 ETF by 2.7% during the 4th quarter. B. Riley Wealth Advisors Inc. now owns 9,017 shares of the company’s stock worth $450,000 after buying an additional 239 shares during the last quarter. Walker Asset Management LLC boosted its holdings in Invesco S&P 500 Top 50 ETF by 0.8% in the 1st quarter. Walker Asset Management LLC now owns 34,761 shares of the company’s stock valued at $1,600,000 after purchasing an additional 282 shares in the last quarter. Baker Avenue Asset Management LP increased its position in Invesco S&P 500 Top 50 ETF by 3.6% during the 4th quarter. Baker Avenue Asset Management LP now owns 8,387 shares of the company’s stock worth $419,000 after purchasing an additional 295 shares during the period. Novak & Powell Financial Services Inc. raised its stake in shares of Invesco S&P 500 Top 50 ETF by 5.6% during the 4th quarter. Novak & Powell Financial Services Inc. now owns 5,672 shares of the company’s stock worth $283,000 after buying an additional 300 shares in the last quarter. Finally, Valley Brook Capital Group Inc. lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 6.4% in the 4th quarter. Valley Brook Capital Group Inc. now owns 5,855 shares of the company’s stock valued at $293,000 after buying an additional 350 shares during the period.

Invesco S&P 500 Top 50 ETF Price Performance

Invesco S&P 500 Top 50 ETF stock opened at $50.47 on Thursday. The stock’s 50 day moving average price is $46.76 and its 200 day moving average price is $48.59. Invesco S&P 500 Top 50 ETF has a 1-year low of $39.50 and a 1-year high of $51.80. The company has a market cap of $9.09 billion, a PE ratio of 26.13 and a beta of 1.05.

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.