Mutual Advisors LLC Takes $282,000 Position in Invesco S&P 500 Top 50 ETF (XLG)

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Mutual Advisors LLC purchased a new stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) during the second quarter, HoldingsChannel reports. The fund purchased 1,465 shares of the company’s stock, valued at approximately $282,000.

A number of other institutional investors have also added to or reduced their stakes in XLG. Bank of America Corp DE purchased a new stake in Invesco S&P 500 Top 50 ETF during the second quarter valued at $45,985,000. Fisher Asset Management LLC purchased a new stake in Invesco S&P 500 Top 50 ETF during the second quarter valued at $38,312,000. Wells Fargo & Company MN purchased a new stake in Invesco S&P 500 Top 50 ETF during the second quarter valued at $15,150,000. Cumberland Advisors Inc. raised its stake in Invesco S&P 500 Top 50 ETF by 87.3% during the second quarter. Cumberland Advisors Inc. now owns 66,470 shares of the company’s stock valued at $12,811,000 after purchasing an additional 30,990 shares in the last quarter. Finally, SignalPoint Asset Management LLC bought a new position in Invesco S&P 500 Top 50 ETF during the second quarter valued at $3,154,000.

XLG stock opened at $208.75 on Friday. Invesco S&P 500 Top 50 ETF has a twelve month low of $175.79 and a twelve month high of $209.94.

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.

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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).

Institutional Ownership by Quarter for Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

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