WealthPLAN Partners LLC Acquires 7,523 Shares of Invesco S&P 500 Top 50 ETF $XLG

WealthPLAN Partners LLC increased its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 47.8% in the second quarter, according to its most recent filing with the SEC. The fund owned 23,264 shares of the company’s stock after acquiring an additional 7,523 shares during the period. WealthPLAN Partners LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $1,212,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. SouthState Corp purchased a new position in Invesco S&P 500 Top 50 ETF during the 1st quarter worth $28,000. MTM Investment Management LLC purchased a new position in Invesco S&P 500 Top 50 ETF during the 1st quarter worth $30,000. Y.D. More Investments Ltd increased its holdings in Invesco S&P 500 Top 50 ETF by 149.2% during the 1st quarter. Y.D. More Investments Ltd now owns 648 shares of the company’s stock worth $30,000 after purchasing an additional 388 shares during the period. Financial Gravity Asset Management Inc. purchased a new position in Invesco S&P 500 Top 50 ETF during the 1st quarter worth $43,000. Finally, Blue Trust Inc. increased its holdings in Invesco S&P 500 Top 50 ETF by 140.8% during the 2nd quarter. Blue Trust Inc. now owns 973 shares of the company’s stock worth $51,000 after purchasing an additional 569 shares during the period.

Invesco S&P 500 Top 50 ETF Stock Up 0.6%

XLG opened at $57.50 on Thursday. The stock’s fifty day moving average is $56.17 and its two-hundred day moving average is $51.47. The company has a market capitalization of $11.06 billion, a P/E ratio of 27.80 and a beta of 1.00. Invesco S&P 500 Top 50 ETF has a 52 week low of $39.50 and a 52 week high of $58.48.

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.