Invesco S&P 500 Top 50 ETF $XLG Stock Position Increased by Segment Wealth Management LLC

Segment Wealth Management LLC boosted its position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 1.3% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 299,338 shares of the company’s stock after purchasing an additional 3,758 shares during the quarter. Segment Wealth Management LLC owned about 0.16% of Invesco S&P 500 Top 50 ETF worth $15,596,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of XLG. Bank of New York Mellon Corp bought a new stake in Invesco S&P 500 Top 50 ETF in the 1st quarter valued at about $110,557,000. Invesco Ltd. raised its position in shares of Invesco S&P 500 Top 50 ETF by 212.9% during the 1st quarter. Invesco Ltd. now owns 3,363,435 shares of the company’s stock worth $154,785,000 after buying an additional 2,288,508 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its position in shares of Invesco S&P 500 Top 50 ETF by 130.2% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 2,505,947 shares of the company’s stock worth $115,324,000 after buying an additional 1,417,535 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Invesco S&P 500 Top 50 ETF by 225.9% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,720,414 shares of the company’s stock worth $79,173,000 after buying an additional 1,192,557 shares in the last quarter. Finally, Means Investment CO. Inc. raised its position in shares of Invesco S&P 500 Top 50 ETF by 1,122.3% during the 1st quarter. Means Investment CO. Inc. now owns 1,267,671 shares of the company’s stock worth $58,338,000 after buying an additional 1,163,956 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Trading Down 0.2%

XLG stock opened at $57.63 on Friday. Invesco S&P 500 Top 50 ETF has a 52 week low of $39.50 and a 52 week high of $58.03. The company has a market capitalization of $11.03 billion, a price-to-earnings ratio of 27.80 and a beta of 1.00. The firm’s 50-day moving average is $55.55 and its two-hundred day moving average is $50.89.

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.