Fortune 45 LLC Boosts Stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Fortune 45 LLC raised its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLGFree Report) by 2.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,671 shares of the company’s stock after purchasing an additional 260 shares during the quarter. Invesco S&P 500 Top 50 ETF accounts for 0.3% of Fortune 45 LLC’s holdings, making the stock its 24th largest holding. Fortune 45 LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $365,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. LPL Financial LLC raised its position in Invesco S&P 500 Top 50 ETF by 1,154.0% in the third quarter. LPL Financial LLC now owns 4,598,014 shares of the company’s stock valued at $156,149,000 after purchasing an additional 4,231,355 shares during the period. Ameriprise Financial Inc. grew its stake in shares of Invesco S&P 500 Top 50 ETF by 2,249.1% during the third quarter. Ameriprise Financial Inc. now owns 1,918,023 shares of the company’s stock worth $65,132,000 after purchasing an additional 1,836,373 shares in the last quarter. Wilbanks Smith & Thomas Asset Management LLC raised its stake in Invesco S&P 500 Top 50 ETF by 897.9% in the third quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 1,577,870 shares of the company’s stock valued at $53,584,000 after buying an additional 1,419,748 shares in the last quarter. UBS Group AG boosted its position in shares of Invesco S&P 500 Top 50 ETF by 899.0% during the 3rd quarter. UBS Group AG now owns 1,522,981 shares of the company’s stock worth $51,720,000 after acquiring an additional 1,370,533 shares in the last quarter. Finally, One Capital Management LLC boosted its holdings in Invesco S&P 500 Top 50 ETF by 936.2% in the third quarter. One Capital Management LLC now owns 1,074,824 shares of the company’s stock valued at $36,501,000 after purchasing an additional 971,096 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Stock Performance

XLG stock traded up $0.07 during midday trading on Friday, reaching $42.29. 1,020,955 shares of the company were exchanged, compared to its average volume of 1,160,177. The stock’s 50-day simple moving average is $41.52 and its 200 day simple moving average is $39.06. Invesco S&P 500 Top 50 ETF has a 1-year low of $31.67 and a 1-year high of $42.53. The company has a market cap of $4.12 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08.

Invesco S&P 500 Top 50 ETF Company Profile

(Free Report)

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

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