Invesco S&P 500 Top 50 ETF $XLG Shares Newly Bought by StoneX Group Inc.

StoneX Group Inc. acquired a new stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 10,890 shares of the company’s stock, valued at approximately $671,000.

Other hedge funds have also recently modified their holdings of the company. Birch Capital Management LLC acquired a new stake in Invesco S&P 500 Top 50 ETF during the second quarter worth about $27,000. Caldwell Trust Co acquired a new position in Invesco S&P 500 Top 50 ETF in the third quarter valued at approximately $31,000. Godsey & Gibb Inc. acquired a new position in Invesco S&P 500 Top 50 ETF in the third quarter valued at approximately $32,000. Pinnacle Wealth Planning Services Inc. acquired a new position in Invesco S&P 500 Top 50 ETF in the third quarter valued at approximately $52,000. Finally, Atlantic Private Wealth LLC purchased a new stake in Invesco S&P 500 Top 50 ETF in the 2nd quarter worth approximately $57,000.

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

Invesco S&P 500 Top 50 ETF stock opened at $61.52 on Thursday. The firm has a market cap of $11.52 billion, a PE ratio of 27.80 and a beta of 1.06. Invesco S&P 500 Top 50 ETF has a 12 month low of $52.60 and a 12 month high of $65.26. The stock’s 50 day simple moving average is $63.06 and its two-hundred day simple moving average is $60.75.

Invesco S&P 500 Top 50 ETF Company 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.