Western Wealth Management LLC Acquires Shares of 101,042 Invesco S&P 500 Top 50 ETF $XLG

Western Wealth Management LLC bought a new stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 101,042 shares of the company’s stock, valued at approximately $5,264,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Financial Gravity Companies Inc. purchased a new position in Invesco S&P 500 Top 50 ETF in the 2nd quarter valued at approximately $47,000. MTM Investment Management LLC grew its position in shares of Invesco S&P 500 Top 50 ETF by 109.7% in the second quarter. MTM Investment Management LLC now owns 1,346 shares of the company’s stock valued at $70,000 after purchasing an additional 704 shares in the last quarter. Rockefeller Capital Management L.P. raised its stake in shares of Invesco S&P 500 Top 50 ETF by 3.4% during the 2nd quarter. Rockefeller Capital Management L.P. now owns 299,364 shares of the company’s stock valued at $15,597,000 after purchasing an additional 9,880 shares during the period. Cedar Wealth Management LLC lifted its holdings in Invesco S&P 500 Top 50 ETF by 2.3% during the 2nd quarter. Cedar Wealth Management LLC now owns 477,174 shares of the company’s stock worth $24,861,000 after purchasing an additional 10,869 shares in the last quarter. Finally, Creative Planning boosted its stake in Invesco S&P 500 Top 50 ETF by 6.4% in the 2nd quarter. Creative Planning now owns 35,057 shares of the company’s stock worth $1,826,000 after purchasing an additional 2,095 shares during the period.

Invesco S&P 500 Top 50 ETF Trading Up 0.1%

Shares of Invesco S&P 500 Top 50 ETF stock opened at $58.65 on Friday. The company’s 50-day moving average price is $57.99 and its 200-day moving average price is $53.88. Invesco S&P 500 Top 50 ETF has a 12-month low of $39.50 and a 12-month high of $60.63. The company has a market cap of $11.28 billion, a price-to-earnings 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.