Duncan Williams Asset Management LLC Acquires New Holdings in Invesco S&P 500 Top 50 ETF $XLG

Duncan Williams Asset Management LLC bought a new position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 8,678 shares of the company’s stock, valued at approximately $452,000.

A number of other large investors have also added to or reduced their stakes in XLG. Smith Salley Wealth Management boosted its stake in shares of Invesco S&P 500 Top 50 ETF by 2.9% in the 2nd quarter. Smith Salley Wealth Management now owns 7,555 shares of the company’s stock worth $394,000 after buying an additional 215 shares during the last quarter. TIAA Trust National Association lifted its holdings in Invesco S&P 500 Top 50 ETF by 4.1% in the first quarter. TIAA Trust National Association now owns 6,380 shares of the company’s stock valued at $294,000 after acquiring an additional 251 shares during the period. Keystone Wealth Services LLC boosted its position in Invesco S&P 500 Top 50 ETF by 1.2% in the second quarter. Keystone Wealth Services LLC now owns 22,953 shares of the company’s stock worth $1,196,000 after purchasing an additional 271 shares during the last quarter. Pacific Sun Financial Corp grew its stake in shares of Invesco S&P 500 Top 50 ETF by 4.3% during the 1st quarter. Pacific Sun Financial Corp now owns 6,624 shares of the company’s stock valued at $305,000 after purchasing an additional 275 shares during the period. Finally, Walker Asset Management LLC increased its position in shares of Invesco S&P 500 Top 50 ETF by 0.8% during the 1st quarter. Walker Asset Management LLC now owns 34,761 shares of the company’s stock valued at $1,600,000 after purchasing an additional 282 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Stock Up 0.6%

Shares of NYSEARCA:XLG opened at $57.97 on Tuesday. The stock has a market capitalization of $11.13 billion, a PE ratio of 27.80 and a beta of 1.00. The firm’s 50 day moving average price is $55.62 and its 200-day moving average price is $51.02. Invesco S&P 500 Top 50 ETF has a twelve month low of $39.50 and a twelve month high of $58.03.

Invesco S&P 500 Top 50 ETF 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.