Comprehensive Financial Planning Inc. PA Acquires New Position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Comprehensive Financial Planning Inc. PA bought a new position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 73,042 shares of the company’s stock, valued at approximately $3,649,000. Invesco S&P 500 Top 50 ETF makes up about 3.1% of Comprehensive Financial Planning Inc. PA’s holdings, making the stock its 9th biggest position.

Several other hedge funds and other institutional investors have also bought and sold shares of XLG. Hager Investment Management Services LLC bought a new stake in shares of Invesco S&P 500 Top 50 ETF in the 4th quarter worth approximately $30,000. Abound Wealth Management purchased a new position in Invesco S&P 500 Top 50 ETF in the 4th quarter worth $30,000. Decker Retirement Planning Inc. bought a new stake in Invesco S&P 500 Top 50 ETF in the fourth quarter worth $34,000. Concord Wealth Partners bought a new stake in Invesco S&P 500 Top 50 ETF in the third quarter worth $47,000. Finally, Golden State Wealth Management LLC purchased a new stake in Invesco S&P 500 Top 50 ETF during the fourth quarter valued at about $58,000.

Invesco S&P 500 Top 50 ETF Trading Down 1.2 %

XLG opened at $50.60 on Monday. Invesco S&P 500 Top 50 ETF has a 12 month low of $39.75 and a 12 month high of $51.80. The business’s 50-day moving average price is $50.67 and its 200-day moving average price is $48.28. The company has a market cap of $4.93 billion, a P/E ratio of 2.92 and a beta of 1.08.

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.