IFC & Insurance Marketing Inc. lifted its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 30.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 104,612 shares of the company’s stock after purchasing an additional 24,332 shares during the quarter. Invesco S&P 500 Top 50 ETF comprises approximately 6.0% of IFC & Insurance Marketing Inc.’s portfolio, making the stock its 6th biggest position. IFC & Insurance Marketing Inc. owned about 0.06% of Invesco S&P 500 Top 50 ETF worth $5,707,000 at the end of the most recent reporting period.
Other hedge funds have also recently modified their holdings of the company. Jane Street Group LLC raised its position in Invesco S&P 500 Top 50 ETF by 444.6% during the 1st quarter. Jane Street Group LLC now owns 182,870 shares of the company’s stock worth $8,416,000 after buying an additional 149,290 shares during the last quarter. Russell Investments Group Ltd. lifted its stake in shares of Invesco S&P 500 Top 50 ETF by 151.8% in the 2nd quarter. Russell Investments Group Ltd. now owns 1,536 shares of the company’s stock worth $80,000 after acquiring an additional 926 shares during the period. Marshall Wace LLP purchased a new stake in shares of Invesco S&P 500 Top 50 ETF in the second quarter valued at about $7,118,000. Qube Research & Technologies Ltd boosted its holdings in shares of Invesco S&P 500 Top 50 ETF by 230.7% in the second quarter. Qube Research & Technologies Ltd now owns 9,629 shares of the company’s stock valued at $502,000 after acquiring an additional 6,717 shares in the last quarter. Finally, Main Street Financial Solutions LLC boosted its holdings in shares of Invesco S&P 500 Top 50 ETF by 98.2% in the second quarter. Main Street Financial Solutions LLC now owns 13,896 shares of the company’s stock valued at $724,000 after acquiring an additional 6,886 shares in the last quarter.
Invesco S&P 500 Top 50 ETF Stock Down 1.0%
Shares of Invesco S&P 500 Top 50 ETF stock opened at $61.16 on Tuesday. Invesco S&P 500 Top 50 ETF has a 52-week low of $49.68 and a 52-week high of $64.77. The company’s 50-day simple moving average is $61.88 and its 200-day simple moving average is $59.21. The firm has a market cap of $10.77 billion, a price-to-earnings ratio of 27.80 and a beta of 1.05.
Invesco S&P 500 Top 50 ETF Company 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.
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