Hutchens & Kramer Investment Management Group LLC Boosts Stake in Invesco S&P 500 Top 50 ETF $XLG

Hutchens & Kramer Investment Management Group LLC grew its stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 1.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 68,298 shares of the company’s stock after buying an additional 988 shares during the period. Invesco S&P 500 Top 50 ETF accounts for 1.6% of Hutchens & Kramer Investment Management Group LLC’s holdings, making the stock its 14th biggest position. Hutchens & Kramer Investment Management Group LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $3,536,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Smith Shellnut Wilson LLC ADV raised its holdings in shares of Invesco S&P 500 Top 50 ETF by 0.5% in the second quarter. Smith Shellnut Wilson LLC ADV now owns 46,476 shares of the company’s stock worth $2,421,000 after buying an additional 229 shares during the last quarter. TIAA Trust National Association raised its holdings in shares of Invesco S&P 500 Top 50 ETF by 15.2% in the second quarter. TIAA Trust National Association now owns 7,351 shares of the company’s stock worth $383,000 after buying an additional 971 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its holdings in shares of Invesco S&P 500 Top 50 ETF by 50.5% during the second quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 253,078 shares of the company’s stock worth $13,185,000 after purchasing an additional 84,933 shares during the last quarter. Creative Financial Designs Inc. ADV raised its holdings in shares of Invesco S&P 500 Top 50 ETF by 67.0% during the second quarter. Creative Financial Designs Inc. ADV now owns 11,383 shares of the company’s stock worth $593,000 after purchasing an additional 4,568 shares during the last quarter. Finally, Tradewinds LLC. purchased a new position in shares of Invesco S&P 500 Top 50 ETF during the second quarter worth $991,000.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of Invesco S&P 500 Top 50 ETF stock opened at $59.90 on Monday. The firm has a fifty day moving average price of $57.16 and a 200 day moving average price of $52.89. Invesco S&P 500 Top 50 ETF has a 1 year low of $39.50 and a 1 year high of $60.63. The stock has a market cap of $11.51 billion, a PE ratio of 27.80 and a beta of 1.03.

About Invesco S&P 500 Top 50 ETF

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.