Del Sette Capital Management LLC purchased a new stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 15,961 shares of the company’s stock, valued at approximately $832,000.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Invesco Ltd. grew its stake in shares of Invesco S&P 500 Top 50 ETF by 212.9% in the first quarter. Invesco Ltd. now owns 3,363,435 shares of the company’s stock valued at $154,785,000 after buying an additional 2,288,508 shares in the last quarter. Principle Wealth Partners LLC lifted its stake in Invesco S&P 500 Top 50 ETF by 85.0% in the second quarter. Principle Wealth Partners LLC now owns 2,682,223 shares of the company’s stock valued at $139,744,000 after acquiring an additional 1,232,337 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of Invesco S&P 500 Top 50 ETF by 225.9% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,720,414 shares of the company’s stock valued at $79,173,000 after acquiring an additional 1,192,557 shares during the period. LPL Financial LLC increased its stake in shares of Invesco S&P 500 Top 50 ETF by 8.7% during the 1st quarter. LPL Financial LLC now owns 10,622,082 shares of the company’s stock worth $488,828,000 after purchasing an additional 847,025 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its stake in shares of Invesco S&P 500 Top 50 ETF by 32.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,464,746 shares of the company’s stock worth $128,413,000 after purchasing an additional 597,737 shares during the last quarter.
Invesco S&P 500 Top 50 ETF Stock Performance
Shares of NYSEARCA:XLG opened at $57.34 on Friday. Invesco S&P 500 Top 50 ETF has a 52-week low of $39.50 and a 52-week high of $60.63. The company has a market capitalization of $11.02 billion, a P/E ratio of 27.80 and a beta of 1.03. The company has a 50-day simple moving average of $58.14 and a 200 day simple moving average of $54.22.
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.
Further Reading
- Five stocks we like better than Invesco S&P 500 Top 50 ETF
- Are These Liquid Natural Gas Stocks Ready For An Upside Bounce?
- A Magnificent AI Bet? Stanley Druckenmiller’s Latest Tech Moves
- How to Read Stock Charts for Beginners
- 12 Analysts Just Raised CrowdStrike Targets—Here’s What They See Coming
- What is Insider Trading? What You Can Learn from Insider Trading
- Palo Alto Networks Stock Just Pulled Back—Is This a Prime Buy Zone?
Receive News & Ratings for Invesco S&P 500 Top 50 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Top 50 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
