U.S. Capital Wealth Advisors LLC Purchases 95,665 Shares of Invesco S&P 500 Top 50 ETF $XLG

U.S. Capital Wealth Advisors LLC lifted its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 143.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 162,216 shares of the company’s stock after acquiring an additional 95,665 shares during the period. U.S. Capital Wealth Advisors LLC owned approximately 0.08% of Invesco S&P 500 Top 50 ETF worth $9,331,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in XLG. Harbor Asset Planning Inc. purchased a new position in shares of Invesco S&P 500 Top 50 ETF in the second quarter worth $31,000. LGT Financial Advisors LLC increased its holdings in Invesco S&P 500 Top 50 ETF by 248.5% in the 2nd quarter. LGT Financial Advisors LLC now owns 791 shares of the company’s stock worth $41,000 after buying an additional 564 shares in the last quarter. Financial Gravity Companies Inc. purchased a new position in Invesco S&P 500 Top 50 ETF in the 2nd quarter worth about $47,000. Blue Trust Inc. lifted its stake in Invesco S&P 500 Top 50 ETF by 140.8% during the 2nd quarter. Blue Trust Inc. now owns 973 shares of the company’s stock valued at $51,000 after acquiring an additional 569 shares during the period. Finally, Transce3nd LLC boosted its holdings in shares of Invesco S&P 500 Top 50 ETF by 36.8% during the 2nd quarter. Transce3nd LLC now owns 1,127 shares of the company’s stock valued at $59,000 after acquiring an additional 303 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Stock Up 1.1%

XLG opened at $59.15 on Friday. Invesco S&P 500 Top 50 ETF has a twelve month low of $39.50 and a twelve month high of $60.63. The firm has a 50 day moving average price of $58.84 and a 200-day moving average price of $55.71. The stock has a market capitalization of $11.37 billion, a price-to-earnings ratio of 27.80 and a beta of 1.03.

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. The Russell 3000 Index is an unmanaged capitalization-weighted index that offers investors access to the United States equity universe representing approximately 98% of the United States equity market.