Concurrent Investment Advisors LLC grew its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 78.0% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 140,585 shares of the company’s stock after buying an additional 61,598 shares during the quarter. Concurrent Investment Advisors LLC owned 0.08% of Invesco S&P 500 Top 50 ETF worth $7,324,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also made changes to their positions in the company. SouthState Corp purchased a new stake in shares of Invesco S&P 500 Top 50 ETF in the first quarter valued at approximately $28,000. MTM Investment Management LLC purchased a new stake in shares of Invesco S&P 500 Top 50 ETF in the first quarter valued at approximately $30,000. Y.D. More Investments Ltd increased its position in shares of Invesco S&P 500 Top 50 ETF by 149.2% in the first quarter. Y.D. More Investments Ltd now owns 648 shares of the company’s stock valued at $30,000 after buying an additional 388 shares in the last quarter. Financial Gravity Asset Management Inc. purchased a new stake in shares of Invesco S&P 500 Top 50 ETF in the first quarter valued at approximately $43,000. Finally, Blue Trust Inc. increased its position in shares of Invesco S&P 500 Top 50 ETF by 140.8% in the second quarter. Blue Trust Inc. now owns 973 shares of the company’s stock valued at $51,000 after buying an additional 569 shares in the last quarter.
Invesco S&P 500 Top 50 ETF Stock Performance
Shares of XLG opened at $56.50 on Monday. Invesco S&P 500 Top 50 ETF has a one year low of $39.50 and a one year high of $58.48. The stock has a market capitalization of $10.82 billion, a price-to-earnings ratio of 27.80 and a beta of 1.00. The stock has a 50 day moving average price of $55.95 and a 200 day moving average price of $51.31.
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.
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