Beacon Financial Advisory LLC Grows Stock Holdings in Invesco S&P 500 Top 50 ETF $XLG

Beacon Financial Advisory LLC lifted its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 52.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,526 shares of the company’s stock after acquiring an additional 4,331 shares during the period. Beacon Financial Advisory LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $653,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in XLG. SouthState Corp acquired a new position in shares of Invesco S&P 500 Top 50 ETF during the first quarter worth about $28,000. MTM Investment Management LLC acquired a new position in Invesco S&P 500 Top 50 ETF in the first quarter worth $30,000. Y.D. More Investments Ltd grew its position in shares of Invesco S&P 500 Top 50 ETF by 149.2% during the 1st quarter. Y.D. More Investments Ltd now owns 648 shares of the company’s stock valued at $30,000 after buying an additional 388 shares during the last quarter. Financial Gravity Asset Management Inc. acquired a new stake in shares of Invesco S&P 500 Top 50 ETF during the 1st quarter worth approximately $43,000. Finally, Headlands Technologies LLC increased its position in Invesco S&P 500 Top 50 ETF by 1,280.7% in the first quarter. Headlands Technologies LLC now owns 1,146 shares of the company’s stock worth $53,000 after buying an additional 1,063 shares during the period.

Invesco S&P 500 Top 50 ETF Stock Performance

XLG stock opened at $57.63 on Monday. Invesco S&P 500 Top 50 ETF has a 1 year low of $39.50 and a 1 year high of $58.03. The stock has a market capitalization of $11.03 billion, a price-to-earnings ratio of 27.80 and a beta of 1.00. The stock’s fifty day moving average is $55.55 and its two-hundred day moving average is $50.95.

About Invesco S&P 500 Top 50 ETF

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.