NTV Asset Management LLC bought a new stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 30,684 shares of the company’s stock, valued at approximately $1,952,000.
Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Birch Capital Management LLC bought a new stake in Invesco S&P 500 Top 50 ETF in the second quarter worth $27,000. Godsey & Gibb Inc. purchased a new position in Invesco S&P 500 Top 50 ETF during the third quarter worth $32,000. Atlantic Private Wealth LLC bought a new position in Invesco S&P 500 Top 50 ETF during the second quarter valued at $57,000. Beacon Investment Advisory Services Inc. bought a new position in Invesco S&P 500 Top 50 ETF during the second quarter valued at $61,000. Finally, Ancora Advisors LLC bought a new position in Invesco S&P 500 Top 50 ETF during the second quarter valued at $72,000.
Invesco S&P 500 Top 50 ETF Trading Down 0.5%
Shares of XLG opened at $62.26 on Friday. Invesco S&P 500 Top 50 ETF has a twelve month low of $52.60 and a twelve month high of $65.26. The company has a market cap of $11.70 billion, a P/E ratio of 27.80 and a beta of 1.06. The company’s fifty day simple moving average is $63.26 and its 200-day simple moving average is $62.03.
Invesco S&P 500 Top 50 ETF Profile
Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) is an exchange-traded fund managed by Invesco Ltd. The fund seeks to provide investment results that generally correspond to the performance of the S&P 500 Top 50 Index, which is designed to track the 50 largest companies in the S&P 500 Index.
XLG provides focused exposure to large-cap U.S. equities across a range of industries, including information technology, consumer, health care, financial services and communications. Its holdings are generally weighted according to the methodology of the underlying index, giving investors access to many of the largest publicly traded companies in the United States through a single fund.
The fund began operations in 2005 and is listed on NYSE Arca.
Further Reading
- Five stocks we like better than Invesco S&P 500 Top 50 ETF
- Bloom Energy Just Reported—Its Biggest Order Is Still Waiting on a Pipeline
- Why Western Digital’s AI Storage Boom Defies the Chip Sell-Off
- Grand Canyon Education Strengthens Its Outlook, But Wall Street Remains Divided
- Amex Stock Slides on Job Cuts, But the Real Story Is Macro
Want to see what other hedge funds are holding XLG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report).
Receive News & Ratings for Invesco S&P 500 Top 50 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Top 50 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
