Migdal Insurance & Financial Holdings Ltd. Acquires 105,705 Shares of Invesco S&P 500 Top 50 ETF $XLG

Migdal Insurance & Financial Holdings Ltd. boosted its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 1,942.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 111,148 shares of the company’s stock after purchasing an additional 105,705 shares during the quarter. Migdal Insurance & Financial Holdings Ltd. owned 0.06% of Invesco S&P 500 Top 50 ETF worth $6,589,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of XLG. Belpointe Asset Management LLC increased its stake in Invesco S&P 500 Top 50 ETF by 284.4% during the 3rd quarter. Belpointe Asset Management LLC now owns 20,364 shares of the company’s stock worth $1,171,000 after acquiring an additional 15,067 shares during the period. Aspire Capital Advisors LLC lifted its position in shares of Invesco S&P 500 Top 50 ETF by 55.1% during the 3rd quarter. Aspire Capital Advisors LLC now owns 133,700 shares of the company’s stock valued at $7,690,000 after acquiring an additional 47,513 shares during the period. Fortis Capital Advisors LLC acquired a new stake in shares of Invesco S&P 500 Top 50 ETF during the 3rd quarter worth $869,000. Retirement Planning Group LLC NY acquired a new stake in shares of Invesco S&P 500 Top 50 ETF during the 3rd quarter worth $533,000. Finally, Cannon Advisors Inc. increased its position in shares of Invesco S&P 500 Top 50 ETF by 40.4% in the third quarter. Cannon Advisors Inc. now owns 29,829 shares of the company’s stock worth $1,732,000 after purchasing an additional 8,584 shares during the period.

Invesco S&P 500 Top 50 ETF Stock Down 0.7%

XLG stock opened at $59.48 on Wednesday. Invesco S&P 500 Top 50 ETF has a 52 week low of $42.55 and a 52 week high of $60.63. The business has a 50-day simple moving average of $56.62 and a 200 day simple moving average of $58.07. The company has a market cap of $10.50 billion, a PE ratio of 27.80 and a beta of 1.05.

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. The Russell 3000 Index is an unmanaged capitalization-weighted index that offers investors access to the United States equity universe representing approximately 98% of the United States equity market.