Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) Shares Bought by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. raised its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 20.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 569,174 shares of the company’s stock after purchasing an additional 96,227 shares during the period. Cambridge Investment Research Advisors Inc. owned 0.58% of Invesco S&P 500 Top 50 ETF worth $28,436,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of XLG. JPMorgan Chase & Co. lifted its stake in Invesco S&P 500 Top 50 ETF by 3.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 723,678 shares of the company’s stock valued at $34,396,000 after buying an additional 24,527 shares in the last quarter. Truist Financial Corp raised its holdings in shares of Invesco S&P 500 Top 50 ETF by 1.5% in the fourth quarter. Truist Financial Corp now owns 29,649 shares of the company’s stock worth $1,481,000 after acquiring an additional 426 shares during the last quarter. Advisors Preferred LLC purchased a new stake in shares of Invesco S&P 500 Top 50 ETF in the fourth quarter valued at $1,101,000. US Bancorp DE boosted its stake in shares of Invesco S&P 500 Top 50 ETF by 2.5% during the fourth quarter. US Bancorp DE now owns 24,549 shares of the company’s stock valued at $1,226,000 after acquiring an additional 610 shares during the last quarter. Finally, Investors Research Corp increased its position in Invesco S&P 500 Top 50 ETF by 50.7% during the 4th quarter. Investors Research Corp now owns 2,877 shares of the company’s stock worth $144,000 after purchasing an additional 968 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Trading Down 0.8 %

NYSEARCA:XLG opened at $46.17 on Wednesday. Invesco S&P 500 Top 50 ETF has a 12-month low of $39.50 and a 12-month high of $51.80. The firm has a market cap of $8.16 billion, a price-to-earnings ratio of 25.84 and a beta of 1.04. The company’s 50-day moving average is $45.58 and its two-hundred day moving average is $48.54.

Invesco S&P 500 Top 50 ETF 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.