Cullen Frost Bankers Inc. Has $1.16 Million Holdings in Invesco S&P 500 Top 50 ETF $XLG

Cullen Frost Bankers Inc. lifted its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 0.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 22,335 shares of the company’s stock after purchasing an additional 188 shares during the quarter. Cullen Frost Bankers Inc.’s holdings in Invesco S&P 500 Top 50 ETF were worth $1,164,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the company. Pacific Sun Financial Corp grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 3.2% during the 2nd quarter. Pacific Sun Financial Corp now owns 6,839 shares of the company’s stock worth $356,000 after purchasing an additional 215 shares in the last quarter. LGT Financial Advisors LLC boosted its stake in Invesco S&P 500 Top 50 ETF by 248.5% in the 2nd quarter. LGT Financial Advisors LLC now owns 791 shares of the company’s stock valued at $41,000 after buying an additional 564 shares in the last quarter. Avidian Wealth Enterprises LLC boosted its stake in Invesco S&P 500 Top 50 ETF by 33.2% in the 2nd quarter. Avidian Wealth Enterprises LLC now owns 25,256 shares of the company’s stock valued at $1,316,000 after buying an additional 6,295 shares in the last quarter. Bogart Wealth LLC boosted its stake in Invesco S&P 500 Top 50 ETF by 3.9% in the 2nd quarter. Bogart Wealth LLC now owns 1,084,518 shares of the company’s stock valued at $56,503,000 after buying an additional 40,514 shares in the last quarter. Finally, WBH Advisory Inc. boosted its stake in Invesco S&P 500 Top 50 ETF by 23.9% in the 2nd quarter. WBH Advisory Inc. now owns 20,629 shares of the company’s stock valued at $1,075,000 after buying an additional 3,982 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of XLG stock opened at $58.07 on Friday. The stock’s fifty day simple moving average is $56.54 and its 200 day simple moving average is $52.03. The firm has a market cap of $11.16 billion, a price-to-earnings ratio of 27.80 and a beta of 1.00. Invesco S&P 500 Top 50 ETF has a one year low of $39.50 and a one year 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.