Concurrent Investment Advisors LLC Raises Holdings in Invesco S&P 500 Top 50 ETF $XLG

Concurrent Investment Advisors LLC increased its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLGFree Report) by 78.0% in the 2nd quarter, Holdings Channel reports. The firm owned 140,585 shares of the company’s stock after purchasing an additional 61,598 shares during the period. Concurrent Investment Advisors LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $7,324,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Golden State Wealth Management LLC boosted its stake in Invesco S&P 500 Top 50 ETF by 26.0% during the first quarter. Golden State Wealth Management LLC now owns 1,463 shares of the company’s stock worth $67,000 after buying an additional 302 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in Invesco S&P 500 Top 50 ETF by 130.2% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 2,505,947 shares of the company’s stock worth $115,324,000 after buying an additional 1,417,535 shares during the last quarter. Kingswood Wealth Advisors LLC boosted its stake in Invesco S&P 500 Top 50 ETF by 12.5% during the first quarter. Kingswood Wealth Advisors LLC now owns 8,095 shares of the company’s stock worth $373,000 after buying an additional 902 shares during the last quarter. Comprehensive Financial Planning Inc. PA boosted its stake in Invesco S&P 500 Top 50 ETF by 25.4% during the first quarter. Comprehensive Financial Planning Inc. PA now owns 91,580 shares of the company’s stock worth $4,215,000 after buying an additional 18,538 shares during the last quarter. Finally, Wolf Group Capital Advisors boosted its stake in Invesco S&P 500 Top 50 ETF by 792.5% during the first quarter. Wolf Group Capital Advisors now owns 318,090 shares of the company’s stock worth $14,639,000 after buying an additional 282,448 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Stock Performance

NYSEARCA XLG opened at $56.50 on Monday. The stock’s fifty day moving average is $55.95 and its two-hundred day moving average is $51.31. The firm has a market capitalization of $10.82 billion, a P/E ratio of 27.80 and a beta of 1.00. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $39.50 and a fifty-two week high of $58.48.

Invesco S&P 500 Top 50 ETF Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

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