Invesco S&P 500 Top 50 ETF $XLG Shares Purchased by Bank of Montreal Can

Bank of Montreal Can raised its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 131.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 133,028 shares of the company’s stock after purchasing an additional 75,506 shares during the period. Bank of Montreal Can owned about 0.07% of Invesco S&P 500 Top 50 ETF worth $6,931,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of XLG. Cullen Frost Bankers Inc. boosted its holdings in Invesco S&P 500 Top 50 ETF by 0.8% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 22,335 shares of the company’s stock worth $1,164,000 after buying an additional 188 shares during the last quarter. Balboa Wealth Partners lifted its position in shares of Invesco S&P 500 Top 50 ETF by 2.2% in the second quarter. Balboa Wealth Partners now owns 9,660 shares of the company’s stock valued at $503,000 after acquiring an additional 210 shares in the last quarter. Smith Salley Wealth Management boosted its stake in shares of Invesco S&P 500 Top 50 ETF by 2.9% in the second quarter. Smith Salley Wealth Management now owns 7,555 shares of the company’s stock worth $394,000 after acquiring an additional 215 shares during the last quarter. Pacific Sun Financial Corp increased its position in shares of Invesco S&P 500 Top 50 ETF by 3.2% during the second quarter. Pacific Sun Financial Corp now owns 6,839 shares of the company’s stock worth $356,000 after purchasing an additional 215 shares in the last quarter. Finally, Concord Wealth Partners increased its position in shares of Invesco S&P 500 Top 50 ETF by 13.3% during the second quarter. Concord Wealth Partners now owns 1,853 shares of the company’s stock worth $97,000 after purchasing an additional 217 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Stock Performance

Shares of XLG stock opened at $58.45 on Monday. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $39.50 and a fifty-two week high of $60.63. The stock’s fifty day moving average is $57.57 and its two-hundred day moving average is $53.45. The firm has a market capitalization of $11.24 billion, a P/E ratio of 27.80 and a beta of 1.03.

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.