Jones Financial Companies Lllp Has $32.57 Million Stake in Invesco S&P 500 Top 50 ETF $XLG

Jones Financial Companies Lllp increased its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 19.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 569,902 shares of the company’s stock after purchasing an additional 94,457 shares during the quarter. Jones Financial Companies Lllp owned approximately 0.30% of Invesco S&P 500 Top 50 ETF worth $32,570,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Harbor Asset Planning Inc. purchased a new stake in Invesco S&P 500 Top 50 ETF in the 2nd quarter worth approximately $31,000. LGT Financial Advisors LLC grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 248.5% during the 2nd quarter. LGT Financial Advisors LLC now owns 791 shares of the company’s stock valued at $41,000 after acquiring an additional 564 shares in the last quarter. Financial Gravity Companies Inc. acquired a new position in shares of Invesco S&P 500 Top 50 ETF in the second quarter worth $47,000. New Republic Capital LLC raised its holdings in shares of Invesco S&P 500 Top 50 ETF by 90.5% during the third quarter. New Republic Capital LLC now owns 960 shares of the company’s stock worth $55,000 after acquiring an additional 456 shares in the last quarter. Finally, Blue Trust Inc. raised its holdings in shares of Invesco S&P 500 Top 50 ETF by 140.8% during the second quarter. Blue Trust Inc. now owns 973 shares of the company’s stock worth $51,000 after acquiring an additional 569 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of NYSEARCA XLG opened at $59.28 on Tuesday. The business’s 50-day moving average price is $59.21 and its two-hundred day moving average price is $57.49. Invesco S&P 500 Top 50 ETF has a one year low of $39.50 and a one year high of $60.63. The company has a market capitalization of $11.54 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. The Russell 3000 Index is an unmanaged capitalization-weighted index that offers investors access to the United States equity universe representing approximately 98% of the United States equity market.