Leavell Investment Management Inc. Buys 21,441 Shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Leavell Investment Management Inc. lifted its position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 40.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 75,000 shares of the company’s stock after acquiring an additional 21,441 shares during the period. Leavell Investment Management Inc. owned approximately 0.08% of Invesco S&P 500 Top 50 ETF worth $3,747,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of XLG. LPL Financial LLC grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 10.2% in the 3rd quarter. LPL Financial LLC now owns 7,979,467 shares of the company’s stock valued at $379,264,000 after buying an additional 741,770 shares during the period. GPS Wealth Strategies Group LLC lifted its holdings in 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 worth $58,702,000 after acquiring an additional 89,392 shares in the last quarter. Principle Wealth Partners LLC grew its stake in Invesco S&P 500 Top 50 ETF by 11.4% in the fourth quarter. Principle Wealth Partners LLC now owns 1,092,153 shares of the company’s stock valued at $54,564,000 after acquiring an additional 112,147 shares during the period. HighTower Advisors LLC increased its holdings in shares of Invesco S&P 500 Top 50 ETF by 27.7% in the third quarter. HighTower Advisors LLC now owns 925,321 shares of the company’s stock worth $43,982,000 after acquiring an additional 200,879 shares in the last quarter. Finally, Raymond James & Associates increased its holdings in shares of Invesco S&P 500 Top 50 ETF by 69.7% in the third quarter. Raymond James & Associates now owns 816,880 shares of the company’s stock worth $38,826,000 after acquiring an additional 335,532 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Price Performance

NYSEARCA:XLG opened at $51.06 on Wednesday. The business’s 50-day simple moving average is $50.69 and its 200-day simple moving average is $48.35. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $39.75 and a fifty-two week high of $51.80. The stock has a market capitalization of $4.98 billion, a PE 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.