Gotham Asset Management LLC Invests $752,000 in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Gotham Asset Management LLC bought a new position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 15,056 shares of the company’s stock, valued at approximately $752,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Truist Financial Corp lifted its holdings in Invesco S&P 500 Top 50 ETF by 1.5% during the 4th quarter. Truist Financial Corp now owns 29,649 shares of the company’s stock worth $1,481,000 after buying an additional 426 shares during the last quarter. Advisors Preferred LLC acquired a new stake in shares of Invesco S&P 500 Top 50 ETF during the 4th quarter worth about $1,101,000. US Bancorp DE raised its position in shares of Invesco S&P 500 Top 50 ETF by 2.5% during the 4th quarter. US Bancorp DE now owns 24,549 shares of the company’s stock worth $1,226,000 after acquiring an additional 610 shares in the last quarter. Investors Research Corp lifted its stake in Invesco S&P 500 Top 50 ETF by 50.7% during the fourth quarter. Investors Research Corp now owns 2,877 shares of the company’s stock worth $144,000 after purchasing an additional 968 shares during the last quarter. Finally, LWM Advisory Services LLC boosted its holdings in Invesco S&P 500 Top 50 ETF by 11.9% in the fourth quarter. LWM Advisory Services LLC now owns 64,335 shares of the company’s stock valued at $3,214,000 after purchasing an additional 6,864 shares in the last quarter.

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

Shares of Invesco S&P 500 Top 50 ETF stock opened at $49.43 on Monday. Invesco S&P 500 Top 50 ETF has a 52 week low of $39.50 and a 52 week high of $51.80. The firm’s 50 day moving average is $45.61 and its two-hundred day moving average is $48.53. The firm has a market capitalization of $8.80 billion, a P/E ratio of 26.13 and a beta of 1.04.

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.