Alteri Wealth LLC Increases Holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Alteri Wealth LLC boosted its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 106.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,694 shares of the company’s stock after acquiring an additional 4,486 shares during the quarter. Alteri Wealth LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $400,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. Corient Private Wealth LLC acquired a new stake in shares of Invesco S&P 500 Top 50 ETF in the fourth quarter worth approximately $384,000. JPMorgan Chase & Co. boosted its stake in Invesco S&P 500 Top 50 ETF by 7.3% during the fourth quarter. JPMorgan Chase & Co. now owns 776,515 shares of the company’s stock worth $38,795,000 after buying an additional 52,837 shares during the last quarter. Blair William & Co. IL raised its position in Invesco S&P 500 Top 50 ETF by 2.7% in the fourth quarter. Blair William & Co. IL now owns 24,310 shares of the company’s stock valued at $1,215,000 after purchasing an additional 650 shares during the period. Orion Portfolio Solutions LLC raised its position in Invesco S&P 500 Top 50 ETF by 26.1% in the fourth quarter. Orion Portfolio Solutions LLC now owns 24,531 shares of the company’s stock valued at $1,226,000 after purchasing an additional 5,081 shares during the period. Finally, Level Four Advisory Services LLC purchased a new stake in Invesco S&P 500 Top 50 ETF in the fourth quarter valued at $299,000.

Invesco S&P 500 Top 50 ETF Trading Up 0.4%

XLG stock opened at $53.82 on Monday. The company has a market capitalization of $9.81 billion, a PE ratio of 27.80 and a beta of 1.00. Invesco S&P 500 Top 50 ETF has a 12-month low of $39.50 and a 12-month high of $53.93. The business’s fifty day moving average price is $51.05 and its 200 day moving average price is $48.89.

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.