Perryman Financial Advisory Inc. AD bought a new position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 35,868 shares of the company’s stock, valued at approximately $2,126,000.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. JPMorgan Chase & Co. grew its holdings in Invesco S&P 500 Top 50 ETF by 53.6% in the third quarter. JPMorgan Chase & Co. now owns 3,786,602 shares of the company’s stock valued at $217,805,000 after purchasing an additional 1,321,856 shares during the period. LPL Financial LLC grew its holdings in Invesco S&P 500 Top 50 ETF by 8.0% in the fourth quarter. LPL Financial LLC now owns 11,554,356 shares of the company’s stock valued at $684,942,000 after purchasing an additional 856,661 shares during the period. Ameriprise Financial Inc. grew its holdings in Invesco S&P 500 Top 50 ETF by 46.6% in the third quarter. Ameriprise Financial Inc. now owns 2,296,020 shares of the company’s stock valued at $132,108,000 after purchasing an additional 729,356 shares during the period. Raymond James Financial Inc. grew its holdings in Invesco S&P 500 Top 50 ETF by 25.8% in the second quarter. Raymond James Financial Inc. now owns 2,867,532 shares of the company’s stock valued at $149,398,000 after purchasing an additional 588,257 shares during the period. Finally, Brown Advisory Inc. grew its holdings in Invesco S&P 500 Top 50 ETF by 1,359.5% in the fourth quarter. Brown Advisory Inc. now owns 560,799 shares of the company’s stock valued at $33,244,000 after purchasing an additional 522,375 shares during the period.
Invesco S&P 500 Top 50 ETF Stock Performance
Shares of XLG opened at $61.32 on Monday. Invesco S&P 500 Top 50 ETF has a 12 month low of $49.68 and a 12 month high of $64.77. The stock’s 50 day moving average is $61.14 and its two-hundred day moving average is $59.11. The firm has a market cap of $10.80 billion, a P/E ratio of 27.80 and a beta of 1.05.
Invesco S&P 500 Top 50 ETF Company 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. 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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