WCG Wealth Advisors LLC acquired a new stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 13,196 shares of the company’s stock, valued at approximately $782,000.
A number of other large investors have also recently added to or reduced their stakes in XLG. JPMorgan Chase & Co. boosted its stake in Invesco S&P 500 Top 50 ETF by 53.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,786,602 shares of the company’s stock valued at $217,805,000 after acquiring an additional 1,321,856 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in Invesco S&P 500 Top 50 ETF by 46.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,296,020 shares of the company’s stock valued at $132,108,000 after acquiring an additional 729,356 shares during the last quarter. Raymond James Financial Inc. boosted its stake in Invesco S&P 500 Top 50 ETF by 25.8% during the 2nd quarter. Raymond James Financial Inc. now owns 2,867,532 shares of the company’s stock valued at $149,398,000 after acquiring an additional 588,257 shares during the last quarter. Advocacy Wealth Management LLC boosted its stake in Invesco S&P 500 Top 50 ETF by 56.6% during the 3rd quarter. Advocacy Wealth Management LLC now owns 1,094,754 shares of the company’s stock valued at $62,970,000 after acquiring an additional 395,581 shares during the last quarter. Finally, Johnson Financial Group Inc. lifted its position in shares of Invesco S&P 500 Top 50 ETF by 17.5% in the 3rd quarter. Johnson Financial Group Inc. now owns 2,045,865 shares of the company’s stock worth $117,678,000 after buying an additional 304,958 shares during the last quarter.
Invesco S&P 500 Top 50 ETF Stock Performance
Invesco S&P 500 Top 50 ETF stock opened at $62.21 on Friday. The firm’s 50-day moving average is $60.38 and its 200-day moving average is $58.97. Invesco S&P 500 Top 50 ETF has a 1 year low of $49.68 and a 1 year high of $64.77. The company has a market cap of $10.96 billion, a P/E 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.
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