Rodgers & Associates LTD Buys Shares of 11,720 Invesco S&P 500 Top 50 ETF $XLG

Rodgers & Associates LTD bought a new position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 11,720 shares of the company’s stock, valued at approximately $748,000.

Several other institutional investors also recently bought and sold shares of the stock. LPL Financial LLC raised its position in shares of 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. Morgan Stanley grew its stake in Invesco S&P 500 Top 50 ETF by 2.1% in the 4th quarter. Morgan Stanley now owns 6,977,609 shares of the company’s stock valued at $413,633,000 after buying an additional 144,276 shares during the last quarter. Bank of America Corp DE grew its stake in Invesco S&P 500 Top 50 ETF by 7.4% in the 3rd quarter. Bank of America Corp DE now owns 4,248,330 shares of the company’s stock valued at $244,364,000 after buying an additional 291,048 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in Invesco S&P 500 Top 50 ETF by 1.4% in the 4th quarter. JPMorgan Chase & Co. now owns 3,841,051 shares of the company’s stock worth $227,698,000 after acquiring an additional 54,449 shares during the period. Finally, Wells Fargo & Company MN raised its holdings in Invesco S&P 500 Top 50 ETF by 1.4% in the 4th quarter. Wells Fargo & Company MN now owns 3,812,317 shares of the company’s stock worth $225,994,000 after acquiring an additional 52,644 shares during the period.

Invesco S&P 500 Top 50 ETF Stock Performance

Invesco S&P 500 Top 50 ETF stock opened at $62.53 on Thursday. Invesco S&P 500 Top 50 ETF has a 52 week low of $52.60 and a 52 week high of $64.77. The firm has a market capitalization of $10.91 billion, a PE ratio of 27.80 and a beta of 1.06. The business’s 50-day simple moving average is $61.59 and its 200-day simple moving average is $60.13.

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.