RiverTree Advisors LLC Invests $1.29 Million in Invesco S&P 500 Top 50 ETF $XLG

RiverTree Advisors LLC purchased a new stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 21,809 shares of the company’s stock, valued at approximately $1,293,000.

Other institutional investors have also made changes to their positions in the company. MCF Advisors LLC bought a new position in Invesco S&P 500 Top 50 ETF during the 3rd quarter worth $27,000. New Republic Capital LLC lifted its position in shares of Invesco S&P 500 Top 50 ETF by 90.5% during the 3rd quarter. New Republic Capital LLC now owns 960 shares of the company’s stock valued at $55,000 after acquiring an additional 456 shares during the period. Reyes Financial Architecture Inc. acquired a new stake in shares of Invesco S&P 500 Top 50 ETF during the 3rd quarter worth $55,000. Dagco Inc. acquired a new stake in shares of Invesco S&P 500 Top 50 ETF during the 4th quarter worth $57,000. Finally, Transce3nd LLC increased its position in shares of Invesco S&P 500 Top 50 ETF by 36.8% in the second quarter. Transce3nd LLC now owns 1,127 shares of the company’s stock worth $59,000 after purchasing an additional 303 shares during the period.

Invesco S&P 500 Top 50 ETF Price Performance

XLG opened at $52.92 on Monday. The stock has a market capitalization of $10.29 billion, a price-to-earnings ratio of 27.80 and a beta of 1.03. Invesco S&P 500 Top 50 ETF has a twelve month low of $39.50 and a twelve month high of $60.63. The company has a 50-day simple moving average of $57.20 and a 200 day simple moving average of $58.12.

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.