Greystone Financial Group LLC Grows Stock Position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Greystone Financial Group LLC lifted its stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 3.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 39,102 shares of the company’s stock after buying an additional 1,184 shares during the quarter. Greystone Financial Group LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $1,954,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. CWM LLC increased its holdings in Invesco S&P 500 Top 50 ETF by 1.3% in the third quarter. CWM LLC now owns 32,777 shares of the company’s stock valued at $1,558,000 after buying an additional 436 shares in the last quarter. Client First Capital LLC grew its position in shares of Invesco S&P 500 Top 50 ETF by 27.6% during the 3rd quarter. Client First Capital LLC now owns 81,605 shares of the company’s stock valued at $3,879,000 after acquiring an additional 17,631 shares during the period. Capstone Wealth Management Group LLC increased its stake in shares of Invesco S&P 500 Top 50 ETF by 17.4% in the 3rd quarter. Capstone Wealth Management Group LLC now owns 95,205 shares of the company’s stock valued at $4,525,000 after purchasing an additional 14,111 shares in the last quarter. Global Retirement Partners LLC raised its holdings in Invesco S&P 500 Top 50 ETF by 1.1% in the 3rd quarter. Global Retirement Partners LLC now owns 254,799 shares of the company’s stock worth $12,111,000 after purchasing an additional 2,739 shares during the period. Finally, Secure Asset Management LLC purchased a new position in Invesco S&P 500 Top 50 ETF during the third quarter worth approximately $201,000.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of XLG stock opened at $50.94 on Thursday. Invesco S&P 500 Top 50 ETF has a 1-year low of $39.75 and a 1-year high of $51.80. The company has a market cap of $4.97 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08. The stock has a 50 day simple moving average of $50.70 and a 200-day simple moving average of $48.39.

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.