Hager Investment Management Services LLC Acquires New Position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Hager Investment Management Services LLC 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 600 shares of the company’s stock, valued at approximately $30,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Stratos Wealth Partners LTD. grew its stake in shares of Invesco S&P 500 Top 50 ETF by 66.5% during the fourth quarter. Stratos Wealth Partners LTD. now owns 476,332 shares of the company’s stock valued at $23,798,000 after buying an additional 190,180 shares during the last quarter. Bank Hapoalim BM bought a new position in Invesco S&P 500 Top 50 ETF during the 4th quarter worth approximately $13,289,000. Means Investment CO. Inc. purchased a new position in Invesco S&P 500 Top 50 ETF in the 4th quarter worth approximately $5,182,000. KPP Advisory Services LLC lifted its position in Invesco S&P 500 Top 50 ETF by 4.4% in the fourth quarter. KPP Advisory Services LLC now owns 167,776 shares of the company’s stock valued at $8,382,000 after purchasing an additional 6,997 shares during the last quarter. Finally, GPS Wealth Strategies Group LLC boosted its stake in shares of Invesco S&P 500 Top 50 ETF by 8.2% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 1,174,985 shares of the company’s stock valued at $58,702,000 after purchasing an additional 89,392 shares during the period.

Invesco S&P 500 Top 50 ETF Stock Performance

Shares of Invesco S&P 500 Top 50 ETF stock opened at $50.92 on Thursday. Invesco S&P 500 Top 50 ETF has a 52-week low of $39.75 and a 52-week high of $51.80. The company’s 50 day moving average price is $50.58 and its 200-day moving average price is $48.20. The stock has a market capitalization of $4.96 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08.

Invesco S&P 500 Top 50 ETF Company 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.