Cyr Financial Inc. boosted its position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 7.6% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 287,091 shares of the company’s stock after purchasing an additional 20,287 shares during the quarter. Invesco S&P 500 Top 50 ETF comprises approximately 8.7% of Cyr Financial Inc.’s investment portfolio, making the stock its 2nd largest position. Cyr Financial Inc. owned about 0.15% of Invesco S&P 500 Top 50 ETF worth $18,262,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Perryman Financial Advisory Inc. AD acquired a new stake in shares of Invesco S&P 500 Top 50 ETF in the third quarter valued at approximately $3,119,000. Quattro Financial Advisors LLC boosted its stake in Invesco S&P 500 Top 50 ETF by 42.8% during the third quarter. Quattro Financial Advisors LLC now owns 482,543 shares of the company’s stock worth $30,695,000 after buying an additional 144,683 shares during the last quarter. Iams Wealth Management LLC boosted its stake in Invesco S&P 500 Top 50 ETF by 3.7% during the third quarter. Iams Wealth Management LLC now owns 37,330 shares of the company’s stock worth $2,375,000 after buying an additional 1,332 shares during the last quarter. NFSG Corp grew its holdings in Invesco S&P 500 Top 50 ETF by 2.1% in the 3rd quarter. NFSG Corp now owns 18,895 shares of the company’s stock valued at $1,202,000 after buying an additional 381 shares in the last quarter. Finally, Summit Financial Consulting LLC grew its holdings in Invesco S&P 500 Top 50 ETF by 1.1% in the 3rd quarter. Summit Financial Consulting LLC now owns 65,641 shares of the company’s stock valued at $4,175,000 after buying an additional 721 shares in the last quarter.
Invesco S&P 500 Top 50 ETF Price Performance
Shares of XLG stock opened at $62.99 on Friday. The firm’s 50-day moving average is $63.25 and its two-hundred day moving average is $61.72. The company has a market capitalization of $11.67 billion, a PE ratio of 27.80 and a beta of 1.06. Invesco S&P 500 Top 50 ETF has a 12 month low of $52.60 and a 12 month high of $65.26.
Invesco S&P 500 Top 50 ETF Company Profile
Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) is an exchange-traded fund managed by Invesco Ltd. The fund seeks to provide investment results that generally correspond to the performance of the S&P 500 Top 50 Index, which is designed to track the 50 largest companies in the S&P 500 Index.
XLG provides focused exposure to large-cap U.S. equities across a range of industries, including information technology, consumer, health care, financial services and communications. Its holdings are generally weighted according to the methodology of the underlying index, giving investors access to many of the largest publicly traded companies in the United States through a single fund.
The fund began operations in 2005 and is listed on NYSE Arca.
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