Simplicity Wealth LLC Takes $929,000 Position in Invesco S&P 500 Top 50 ETF $XLG

Simplicity Wealth LLC purchased a new stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 15,663 shares of the company’s stock, valued at approximately $929,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. MCF Advisors LLC acquired a new stake in Invesco S&P 500 Top 50 ETF in the third quarter valued at approximately $27,000. Godsey & Gibb Inc. acquired a new stake in Invesco S&P 500 Top 50 ETF in the fourth quarter valued at approximately $30,000. New Republic Capital LLC boosted its position in Invesco S&P 500 Top 50 ETF by 90.5% in the third quarter. New Republic Capital LLC now owns 960 shares of the company’s stock valued at $55,000 after buying an additional 456 shares in the last quarter. Reyes Financial Architecture Inc. acquired a new stake in Invesco S&P 500 Top 50 ETF in the third quarter valued at approximately $55,000. Finally, Dagco Inc. acquired a new stake in Invesco S&P 500 Top 50 ETF in the fourth quarter valued at approximately $57,000.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of Invesco S&P 500 Top 50 ETF stock opened at $60.90 on Friday. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $45.82 and a fifty-two week high of $61.07. The firm has a market capitalization of $10.71 billion, a P/E ratio of 27.80 and a beta of 1.05. The company’s 50 day moving average price is $57.08 and its two-hundred day moving average price is $58.20.

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. 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.