Invesco S&P 500 Top 50 ETF $XLG Shares Purchased by Hutchens & Kramer Investment Management Group LLC

Hutchens & Kramer Investment Management Group LLC increased its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 1.5% during the second quarter, HoldingsChannel.com reports. The fund owned 68,298 shares of the company’s stock after buying an additional 988 shares during the period. Invesco S&P 500 Top 50 ETF accounts for about 1.6% of Hutchens & Kramer Investment Management Group LLC’s holdings, making the stock its 14th largest holding. Hutchens & Kramer Investment Management Group LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $3,536,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Golden State Wealth Management LLC raised 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 purchasing an additional 302 shares during the period. Comprehensive Financial Planning Inc. PA raised its stake in shares of Invesco S&P 500 Top 50 ETF by 25.4% in the 1st quarter. Comprehensive Financial Planning Inc. PA now owns 91,580 shares of the company’s stock valued at $4,215,000 after acquiring an additional 18,538 shares during the period. IFP Advisors Inc raised its stake in shares of Invesco S&P 500 Top 50 ETF by 79.6% in the 1st quarter. IFP Advisors Inc now owns 13,419 shares of the company’s stock valued at $618,000 after acquiring an additional 5,949 shares during the period. PNC Financial Services Group Inc. raised its stake in shares of Invesco S&P 500 Top 50 ETF by 8.8% in the 1st quarter. PNC Financial Services Group Inc. now owns 10,828 shares of the company’s stock valued at $498,000 after acquiring an additional 878 shares during the period. Finally, Nwam LLC purchased a new stake in shares of Invesco S&P 500 Top 50 ETF in the 1st quarter valued at approximately $477,000.

Invesco S&P 500 Top 50 ETF Stock Performance

Invesco S&P 500 Top 50 ETF stock opened at $59.90 on Monday. The company’s 50 day simple moving average is $57.16 and its 200-day simple moving average is $52.89. The company has a market capitalization of $11.51 billion, a price-to-earnings 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.

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.