Rothschild Investment LLC Takes Position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Rothschild Investment LLC acquired a new stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,000 shares of the company’s stock, valued at approximately $50,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Hager Investment Management Services LLC bought a new position in shares of Invesco S&P 500 Top 50 ETF during the fourth quarter valued at about $30,000. Abound Wealth Management bought a new position in shares of Invesco S&P 500 Top 50 ETF during the fourth quarter valued at about $30,000. Decker Retirement Planning Inc. bought a new position in shares of Invesco S&P 500 Top 50 ETF during the fourth quarter valued at about $34,000. Golden State Wealth Management LLC bought a new position in shares of Invesco S&P 500 Top 50 ETF during the fourth quarter valued at about $58,000. Finally, Crews Bank & Trust bought a new position in shares of Invesco S&P 500 Top 50 ETF during the fourth quarter valued at about $87,000.

Invesco S&P 500 Top 50 ETF Trading Up 0.0 %

Shares of NYSEARCA:XLG opened at $49.83 on Thursday. The company has a market cap of $8.96 billion, a price-to-earnings ratio of 29.57 and a beta of 1.01. The company has a 50-day moving average price of $50.71 and a 200-day moving average price of $48.90. Invesco S&P 500 Top 50 ETF has a 12 month low of $39.75 and a 12 month high of $51.80.

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.