Invesco S&P 500 Top 50 ETF $XLG Shares Acquired by Horst & Graben Wealth Management LLC

Horst & Graben Wealth Management LLC grew its stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 4.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 421,968 shares of the company’s stock after buying an additional 17,612 shares during the quarter. Invesco S&P 500 Top 50 ETF accounts for about 3.8% of Horst & Graben Wealth Management LLC’s portfolio, making the stock its 7th largest holding. Horst & Graben Wealth Management LLC owned about 0.22% of Invesco S&P 500 Top 50 ETF worth $25,021,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. MCF Advisors LLC acquired a new position in shares of Invesco S&P 500 Top 50 ETF in the 3rd quarter valued at about $27,000. New Republic Capital LLC lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 90.5% in the 3rd quarter. New Republic Capital LLC now owns 960 shares of the company’s stock valued at $55,000 after buying an additional 456 shares during the period. Reyes Financial Architecture Inc. acquired a new position in shares of Invesco S&P 500 Top 50 ETF in the 3rd quarter valued at about $55,000. Dagco Inc. acquired a new position in shares of Invesco S&P 500 Top 50 ETF in the 4th quarter valued at about $57,000. Finally, Capital Investment Advisory Services LLC lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 32.5% in the 4th quarter. Capital Investment Advisory Services LLC now owns 1,023 shares of the company’s stock valued at $61,000 after buying an additional 251 shares during the period.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of XLG stock opened at $60.12 on Monday. The stock has a market cap of $10.61 billion, a PE ratio of 27.80 and a beta of 1.05. The business has a 50-day simple moving average of $56.58 and a 200-day simple moving average of $58.04. Invesco S&P 500 Top 50 ETF has a 52-week low of $41.65 and a 52-week 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. 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.