Invesco S&P 500 Top 50 ETF $XLG Shares Bought by Means Investment CO. Inc.

Means Investment CO. Inc. lifted its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 4.9% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,464,216 shares of the company’s stock after buying an additional 67,933 shares during the period. Invesco S&P 500 Top 50 ETF comprises about 7.3% of Means Investment CO. Inc.’s portfolio, making the stock its 3rd biggest holding. Means Investment CO. Inc.’s holdings in Invesco S&P 500 Top 50 ETF were worth $86,799,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of XLG. MCF Advisors LLC bought a new stake in Invesco S&P 500 Top 50 ETF during the 3rd quarter worth $27,000. New Republic Capital LLC grew its position in Invesco S&P 500 Top 50 ETF by 90.5% during the 3rd quarter. New Republic Capital LLC now owns 960 shares of the company’s stock worth $55,000 after acquiring an additional 456 shares during the last quarter. Reyes Financial Architecture Inc. bought a new stake in Invesco S&P 500 Top 50 ETF during the 3rd quarter worth $55,000. Dagco Inc. bought a new stake in Invesco S&P 500 Top 50 ETF during the 4th quarter worth $57,000. Finally, CGC Financial Services LLC grew its position in Invesco S&P 500 Top 50 ETF by 193.1% during the 3rd quarter. CGC Financial Services LLC now owns 1,026 shares of the company’s stock worth $59,000 after acquiring an additional 676 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Stock Up 1.5%

Shares of XLG stock opened at $59.25 on Thursday. The firm has a market capitalization of $10.53 billion, a P/E ratio of 27.80 and a beta of 1.05. Invesco S&P 500 Top 50 ETF has a twelve month low of $41.65 and a twelve month high of $60.63. The stock’s fifty day simple moving average is $56.50 and its 200 day simple moving average is $58.01.

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.