Snider Financial Group Has $974,000 Stock Holdings in Invesco S&P 500 Top 50 ETF $XLG

Snider Financial Group lifted its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 5.8% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 18,689 shares of the company’s stock after purchasing an additional 1,029 shares during the quarter. Snider Financial Group’s holdings in Invesco S&P 500 Top 50 ETF were worth $974,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Golden State Wealth Management LLC boosted its stake in Invesco S&P 500 Top 50 ETF by 26.0% in the first quarter. Golden State Wealth Management LLC now owns 1,463 shares of the company’s stock valued at $67,000 after buying an additional 302 shares in the last quarter. Comprehensive Financial Planning Inc. PA raised 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 acquiring an additional 18,538 shares in the last quarter. IFP Advisors Inc lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 79.6% in the first quarter. IFP Advisors Inc now owns 13,419 shares of the company’s stock worth $618,000 after acquiring an additional 5,949 shares during the last quarter. PNC Financial Services Group Inc. boosted 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 purchasing an additional 878 shares in the last quarter. Finally, Nwam LLC acquired 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 Trading Up 0.4%

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

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.