Ameritas Advisory Services LLC Buys 6,678 Shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Ameritas Advisory Services LLC lifted its stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 14.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 52,844 shares of the company’s stock after purchasing an additional 6,678 shares during the period. Ameritas Advisory Services LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $2,640,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Integrated Wealth Concepts LLC grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 5.0% in the third quarter. Integrated Wealth Concepts LLC now owns 182,494 shares of the company’s stock worth $8,674,000 after purchasing an additional 8,687 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in Invesco S&P 500 Top 50 ETF by 3.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 723,678 shares of the company’s stock worth $34,396,000 after acquiring an additional 24,527 shares in the last quarter. Cetera Investment Advisers grew its holdings in Invesco S&P 500 Top 50 ETF by 37.9% during the 2nd quarter. Cetera Investment Advisers now owns 251,440 shares of the company’s stock worth $11,503,000 after acquiring an additional 69,107 shares in the last quarter. Keystone Wealth Services LLC grew its holdings in Invesco S&P 500 Top 50 ETF by 5.5% during the 3rd quarter. Keystone Wealth Services LLC now owns 47,023 shares of the company’s stock worth $2,235,000 after acquiring an additional 2,457 shares in the last quarter. Finally, Claro Advisors LLC bought a new position in Invesco S&P 500 Top 50 ETF during the 3rd quarter worth about $422,000.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of Invesco S&P 500 Top 50 ETF stock opened at $50.48 on Monday. Invesco S&P 500 Top 50 ETF has a 1 year low of $38.01 and a 1 year high of $51.76. The firm’s 50-day moving average is $50.18 and its two-hundred day moving average is $47.87. The stock has a market cap of $4.92 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08.

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.