Investors Research Corp Has $369,000 Stock Holdings in Invesco S&P 500 Top 50 ETF $XLG

Investors Research Corp lifted its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 54.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,087 shares of the company’s stock after acquiring an additional 2,507 shares during the quarter. Investors Research Corp’s holdings in Invesco S&P 500 Top 50 ETF were worth $369,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. B. Riley Wealth Advisors Inc. raised its holdings in Invesco S&P 500 Top 50 ETF by 2.7% during the 4th quarter. B. Riley Wealth Advisors Inc. now owns 9,017 shares of the company’s stock worth $450,000 after purchasing an additional 239 shares during the last quarter. TIAA Trust National Association increased its position in shares of Invesco S&P 500 Top 50 ETF by 4.1% during the first quarter. TIAA Trust National Association now owns 6,380 shares of the company’s stock worth $294,000 after buying an additional 251 shares during the period. Pacific Sun Financial Corp increased its position in shares of Invesco S&P 500 Top 50 ETF by 4.3% during the first quarter. Pacific Sun Financial Corp now owns 6,624 shares of the company’s stock worth $305,000 after buying an additional 275 shares during the period. Walker Asset Management LLC raised its stake in Invesco S&P 500 Top 50 ETF by 0.8% during the first quarter. Walker Asset Management LLC now owns 34,761 shares of the company’s stock worth $1,600,000 after buying an additional 282 shares during the last quarter. Finally, Novak & Powell Financial Services Inc. lifted its holdings in Invesco S&P 500 Top 50 ETF by 5.6% in the fourth quarter. Novak & Powell Financial Services Inc. now owns 5,672 shares of the company’s stock valued at $283,000 after buying an additional 300 shares during the period.

Invesco S&P 500 Top 50 ETF Trading Up 0.4%

Shares of XLG opened at $56.65 on Friday. The firm’s fifty day simple moving average is $54.21 and its two-hundred day simple moving average is $49.87. Invesco S&P 500 Top 50 ETF has a 12 month low of $39.50 and a 12 month high of $56.75. The stock has a market capitalization of $10.37 billion, a P/E ratio of 27.80 and a beta of 1.00.

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.