49,025 Shares of Invesco S&P 500 Top 50 ETF $XLG Acquired by Perryman Financial Advisory Inc. AD

Perryman Financial Advisory Inc. AD bought a new position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 49,025 shares of the company’s stock, valued at approximately $3,119,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in XLG. Concurrent Investment Advisors LLC raised its stake in shares of Invesco S&P 500 Top 50 ETF by 9.1% in the second quarter. Concurrent Investment Advisors LLC now owns 153,999 shares of the company’s stock worth $9,444,000 after purchasing an additional 12,814 shares during the last quarter. Sequoia Financial Advisors LLC lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 77.0% in the second quarter. Sequoia Financial Advisors LLC now owns 38,654 shares of the company’s stock valued at $2,394,000 after purchasing an additional 16,813 shares in the last quarter. Aspire Capital Advisors LLC lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 17.3% in the second quarter. Aspire Capital Advisors LLC now owns 94,434 shares of the company’s stock valued at $5,782,000 after purchasing an additional 13,913 shares in the last quarter. Modern Wealth Management LLC purchased a new position in shares of Invesco S&P 500 Top 50 ETF during the first quarter valued at approximately $1,475,000. Finally, Ameritas Advisory Services LLC purchased a new position in shares of Invesco S&P 500 Top 50 ETF during the second quarter valued at approximately $9,532,000.

Invesco S&P 500 Top 50 ETF Trading Down 1.4%

Invesco S&P 500 Top 50 ETF stock traded down $0.89 during trading on Friday, hitting $62.99. 1,045,421 shares of the company were exchanged, compared to its average volume of 2,474,729. The business’s 50 day moving average is $63.25 and its 200 day moving average is $61.72. Invesco S&P 500 Top 50 ETF has a 52 week low of $52.60 and a 52 week high of $65.26. The company has a market capitalization of $11.67 billion, a P/E ratio of 27.80 and a beta of 1.06.

About Invesco S&P 500 Top 50 ETF

Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) is an exchange-traded fund managed by Invesco Ltd. The fund seeks to provide investment results that generally correspond to the performance of the S&P 500 Top 50 Index, which is designed to track the 50 largest companies in the S&P 500 Index.

XLG provides focused exposure to large-cap U.S. equities across a range of industries, including information technology, consumer, health care, financial services and communications. Its holdings are generally weighted according to the methodology of the underlying index, giving investors access to many of the largest publicly traded companies in the United States through a single fund.

The fund began operations in 2005 and is listed on NYSE Arca.