WCG Wealth Advisors LLC purchased a new position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 13,196 shares of the company’s stock, valued at approximately $782,000.
A number of other large investors also recently modified their holdings of XLG. JPMorgan Chase & Co. lifted its position in shares of Invesco S&P 500 Top 50 ETF by 53.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,786,602 shares of the company’s stock worth $217,805,000 after buying an additional 1,321,856 shares during the last quarter. Ameriprise Financial Inc. lifted its position in shares of Invesco S&P 500 Top 50 ETF by 46.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,296,020 shares of the company’s stock worth $132,108,000 after buying an additional 729,356 shares during the last quarter. Raymond James Financial Inc. increased its holdings in shares of Invesco S&P 500 Top 50 ETF by 25.8% in the 2nd quarter. Raymond James Financial Inc. now owns 2,867,532 shares of the company’s stock worth $149,398,000 after acquiring an additional 588,257 shares during the period. Advocacy Wealth Management LLC increased its holdings in shares of Invesco S&P 500 Top 50 ETF by 56.6% in the 3rd quarter. Advocacy Wealth Management LLC now owns 1,094,754 shares of the company’s stock worth $62,970,000 after acquiring an additional 395,581 shares during the period. Finally, Johnson Financial Group Inc. increased its holdings in shares of Invesco S&P 500 Top 50 ETF by 17.5% in the 3rd quarter. Johnson Financial Group Inc. now owns 2,045,865 shares of the company’s stock worth $117,678,000 after acquiring an additional 304,958 shares during the period.
Invesco S&P 500 Top 50 ETF Stock Down 2.7%
XLG stock opened at $62.21 on Friday. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $49.68 and a fifty-two week high of $64.77. The firm’s 50-day simple moving average is $60.38 and its 200 day simple moving average is $58.97. The stock has a market cap of $10.96 billion, a PE ratio of 27.80 and a beta of 1.05.
About Invesco S&P 500 Top 50 ETF
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.
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