WealthPoint Financial LLC acquired a new position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 69,239 shares of the company’s stock, valued at approximately $4,104,000. Invesco S&P 500 Top 50 ETF makes up 3.6% of WealthPoint Financial LLC’s holdings, making the stock its 5th largest holding.
Several other large investors also recently added to or reduced their stakes in the business. Birchbrook Inc. purchased a new position in Invesco S&P 500 Top 50 ETF during the fourth quarter worth about $27,000. Deutsche Bank AG bought a new position in Invesco S&P 500 Top 50 ETF in the 4th quarter worth about $27,000. Godsey & Gibb Inc. purchased a new stake in shares of Invesco S&P 500 Top 50 ETF in the 4th quarter valued at about $30,000. Group One Trading LLC raised its holdings in shares of Invesco S&P 500 Top 50 ETF by 100.9% in the 4th quarter. Group One Trading LLC now owns 507 shares of the company’s stock valued at $30,000 after acquiring an additional 57,871 shares in the last quarter. Finally, Legacy Wealth Managment LLC ID bought a new stake in shares of Invesco S&P 500 Top 50 ETF during the 4th quarter valued at about $38,000.
Invesco S&P 500 Top 50 ETF Trading Up 0.9%
Shares of XLG opened at $61.76 on Friday. Invesco S&P 500 Top 50 ETF has a 12-month low of $49.68 and a 12-month high of $64.77. The company has a market cap of $10.88 billion, a PE ratio of 27.80 and a beta of 1.05. The stock has a 50-day moving average price of $61.69 and a 200-day moving average price of $59.19.
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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