Transcend Capital Advisors LLC Buys 21,644 Shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Transcend Capital Advisors LLC boosted its stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 28.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 97,559 shares of the company’s stock after purchasing an additional 21,644 shares during the quarter. Transcend Capital Advisors LLC owned approximately 0.14% of Invesco S&P 500 Top 50 ETF worth $3,680,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in XLG. Envestnet Asset Management Inc. boosted its position in shares of Invesco S&P 500 Top 50 ETF by 820.9% during the 3rd quarter. Envestnet Asset Management Inc. now owns 500,195 shares of the company’s stock valued at $16,987,000 after acquiring an additional 445,878 shares during the last quarter. Jackson Wealth Management LLC boosted its position in shares of Invesco S&P 500 Top 50 ETF by 949.7% during the 3rd quarter. Jackson Wealth Management LLC now owns 134,764 shares of the company’s stock valued at $4,577,000 after acquiring an additional 121,926 shares during the last quarter. Raymond James & Associates boosted its position in shares of Invesco S&P 500 Top 50 ETF by 1,116.2% during the 3rd quarter. Raymond James & Associates now owns 398,510 shares of the company’s stock valued at $13,533,000 after acquiring an additional 365,742 shares during the last quarter. Hsbc Holdings PLC boosted its position in shares of Invesco S&P 500 Top 50 ETF by 9,033.3% during the 3rd quarter. Hsbc Holdings PLC now owns 137,000 shares of the company’s stock valued at $4,653,000 after acquiring an additional 135,500 shares during the last quarter. Finally, Raymond James Trust N.A. boosted its position in shares of Invesco S&P 500 Top 50 ETF by 41.0% during the 4th quarter. Raymond James Trust N.A. now owns 33,747 shares of the company’s stock valued at $1,273,000 after acquiring an additional 9,814 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Trading Up 1.6 %

Shares of XLG traded up $0.65 during trading hours on Friday, reaching $41.18. 939,611 shares of the company’s stock traded hands, compared to its average volume of 1,161,825. The firm’s 50 day simple moving average is $41.40 and its 200-day simple moving average is $38.57. The stock has a market cap of $4.05 billion, a PE ratio of 2.95 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a 12 month low of $31.07 and a 12 month high of $42.53.

Invesco S&P 500 Top 50 ETF 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.