Runnymede Capital Advisors Inc. Makes New Investment in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Runnymede Capital Advisors Inc. acquired a new position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) during the 4th quarter, Holdings Channel reports. The firm acquired 6,899 shares of the company’s stock, valued at approximately $345,000.

Other large investors have also recently added to or reduced their stakes in the company. Halbert Hargrove Global Advisors LLC acquired a new stake in shares of Invesco S&P 500 Top 50 ETF during the 4th quarter worth $26,000. Hager Investment Management Services LLC acquired a new stake in shares of Invesco S&P 500 Top 50 ETF during the 4th quarter worth $30,000. Abound Wealth Management acquired a new stake in shares of Invesco S&P 500 Top 50 ETF during the 4th quarter worth $30,000. Millstone Evans Group LLC acquired a new stake in Invesco S&P 500 Top 50 ETF in the fourth quarter valued at about $32,000. Finally, Decker Retirement Planning Inc. acquired a new stake in Invesco S&P 500 Top 50 ETF in the fourth quarter valued at about $34,000.

Invesco S&P 500 Top 50 ETF Stock Up 0.5 %

NYSEARCA:XLG opened at $46.91 on Friday. The stock’s 50-day simple moving average is $49.61 and its 200 day simple moving average is $49.03. The firm has a market capitalization of $8.20 billion, a PE ratio of 26.40 and a beta of 1.01. Invesco S&P 500 Top 50 ETF has a twelve month low of $39.75 and a twelve month 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.