Invesco S&P 500 Top 50 ETF $XLG Stake Increased by IFC & Insurance Marketing Inc.

IFC & Insurance Marketing Inc. increased its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 30.3% during the first quarter, HoldingsChannel reports. The fund owned 104,612 shares of the company’s stock after buying an additional 24,332 shares during the period. Invesco S&P 500 Top 50 ETF comprises approximately 6.0% of IFC & Insurance Marketing Inc.’s investment portfolio, making the stock its 6th biggest holding. IFC & Insurance Marketing Inc.’s holdings in Invesco S&P 500 Top 50 ETF were worth $5,707,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Curtis Advisory Group LLC boosted its position in shares of Invesco S&P 500 Top 50 ETF by 0.5% during the 3rd quarter. Curtis Advisory Group LLC now owns 35,966 shares of the company’s stock worth $2,069,000 after purchasing an additional 171 shares in the last quarter. Great Diamond Partners LLC increased its holdings in shares of Invesco S&P 500 Top 50 ETF by 1.0% in the 4th quarter. Great Diamond Partners LLC now owns 18,199 shares of the company’s stock valued at $1,079,000 after purchasing an additional 175 shares in the last quarter. Diversified Enterprises LLC increased its holdings in shares of Invesco S&P 500 Top 50 ETF by 0.5% in the 4th quarter. Diversified Enterprises LLC now owns 33,492 shares of the company’s stock valued at $1,985,000 after purchasing an additional 180 shares in the last quarter. Horizon Wealth Management LLC lifted its stake in shares of Invesco S&P 500 Top 50 ETF by 1.0% in the fourth quarter. Horizon Wealth Management LLC now owns 19,032 shares of the company’s stock valued at $1,128,000 after purchasing an additional 180 shares during the period. Finally, Compass Capital Corp MA ADV lifted its stake in shares of Invesco S&P 500 Top 50 ETF by 5.1% in the fourth quarter. Compass Capital Corp MA ADV now owns 3,877 shares of the company’s stock valued at $227,000 after purchasing an additional 188 shares during the period.

Invesco S&P 500 Top 50 ETF Trading Down 1.0%

XLG stock opened at $61.16 on Tuesday. The company has a market cap of $10.77 billion, a P/E ratio of 27.80 and a beta of 1.05. Invesco S&P 500 Top 50 ETF has a 52 week low of $49.68 and a 52 week high of $64.77. The company’s 50-day moving average price is $61.88 and its 200 day moving average price is $59.21.

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.