Iams Wealth Management LLC Increases Holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Iams Wealth Management LLC grew its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 32.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,002 shares of the company’s stock after purchasing an additional 5,333 shares during the period. Iams Wealth Management LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $1,099,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Abound Wealth Management acquired a new stake in Invesco S&P 500 Top 50 ETF in the fourth quarter valued at approximately $30,000. Decker Retirement Planning Inc. purchased a new stake in Invesco S&P 500 Top 50 ETF in the fourth quarter valued at $34,000. Concord Wealth Partners acquired a new position in Invesco S&P 500 Top 50 ETF in the third quarter valued at $47,000. Investors Research Corp lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 126.7% in the 3rd quarter. Investors Research Corp now owns 1,909 shares of the company’s stock valued at $91,000 after purchasing an additional 1,067 shares during the last quarter. Finally, Centennial Bank AR purchased a new position in Invesco S&P 500 Top 50 ETF during the 2nd quarter worth approximately $101,000.

Invesco S&P 500 Top 50 ETF Stock Performance

Shares of Invesco S&P 500 Top 50 ETF stock opened at $50.93 on Wednesday. The company has a market cap of $4.97 billion, a P/E ratio of 2.92 and a beta of 1.08. The firm has a fifty day moving average of $50.39 and a two-hundred day moving average of $48.03. Invesco S&P 500 Top 50 ETF has a one year low of $38.82 and a one year high of $51.80.

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.