JSF Financial LLC lifted its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 1.1% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 277,942 shares of the company’s stock after purchasing an additional 2,954 shares during the quarter. Invesco S&P 500 Top 50 ETF makes up 3.7% of JSF Financial LLC’s portfolio, making the stock its 6th largest holding. JSF Financial LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $13,886,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Abound Wealth Management acquired a new position in shares of Invesco S&P 500 Top 50 ETF during the fourth quarter valued at $30,000. Hager Investment Management Services LLC acquired a new position in Invesco S&P 500 Top 50 ETF during the 4th quarter valued at about $30,000. Decker Retirement Planning Inc. bought a new position in Invesco S&P 500 Top 50 ETF in the 4th quarter worth about $34,000. Concord Wealth Partners bought a new position in Invesco S&P 500 Top 50 ETF in the 3rd quarter worth about $47,000. Finally, Golden State Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 Top 50 ETF in the fourth quarter valued at approximately $58,000.
Invesco S&P 500 Top 50 ETF Trading Up 0.8 %
Shares of NYSEARCA XLG opened at $51.00 on Tuesday. Invesco S&P 500 Top 50 ETF has a 12-month low of $39.75 and a 12-month high of $51.80. The company has a market cap of $4.97 billion, a PE ratio of 2.92 and a beta of 1.08. The stock has a 50 day simple moving average of $50.67 and a 200-day simple moving average of $48.30.
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.
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Want to see what other hedge funds are holding XLG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report).
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