Invesco S&P 500 Top 50 ETF $XLG Shares Bought by Segment Wealth Management LLC

Segment Wealth Management LLC lifted its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 1.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 299,338 shares of the company’s stock after purchasing an additional 3,758 shares during the period. Segment Wealth Management LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $15,596,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. LPL Financial LLC grew its stake in shares of Invesco S&P 500 Top 50 ETF by 8.7% in the 1st quarter. LPL Financial LLC now owns 10,622,082 shares of the company’s stock worth $488,828,000 after purchasing an additional 847,025 shares during the last quarter. Invesco Ltd. grew its stake in shares of Invesco S&P 500 Top 50 ETF by 212.9% in the 1st quarter. Invesco Ltd. now owns 3,363,435 shares of the company’s stock worth $154,785,000 after purchasing an additional 2,288,508 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of Invesco S&P 500 Top 50 ETF by 130.2% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 2,505,947 shares of the company’s stock worth $115,324,000 after purchasing an additional 1,417,535 shares during the last quarter. Bank of New York Mellon Corp acquired a new position in shares of Invesco S&P 500 Top 50 ETF in the 1st quarter worth approximately $110,557,000. Finally, Raymond James Financial Inc. grew its stake in shares of Invesco S&P 500 Top 50 ETF by 1.1% in the 1st quarter. Raymond James Financial Inc. now owns 2,279,275 shares of the company’s stock worth $104,892,000 after purchasing an additional 25,649 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of XLG opened at $57.63 on Friday. The firm’s 50 day moving average is $55.55 and its 200-day moving average is $50.89. The stock has a market capitalization of $11.03 billion, a P/E ratio of 27.80 and a beta of 1.00. Invesco S&P 500 Top 50 ETF has a 12-month low of $39.50 and a 12-month high of $58.03.

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.