34,560 Shares in Invesco S&P 500 Top 50 ETF $XLG Acquired by Focus Partners Advisor Solutions LLC

Focus Partners Advisor Solutions LLC bought a new position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 34,560 shares of the company’s stock, valued at approximately $2,049,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Aspire Capital Advisors LLC boosted its stake in shares of Invesco S&P 500 Top 50 ETF by 55.1% during the 3rd quarter. Aspire Capital Advisors LLC now owns 133,700 shares of the company’s stock worth $7,690,000 after acquiring an additional 47,513 shares during the last quarter. Johnson Financial Group Inc. boosted its stake in shares of Invesco S&P 500 Top 50 ETF by 17.5% during the 3rd quarter. Johnson Financial Group Inc. now owns 2,045,865 shares of the company’s stock worth $117,678,000 after acquiring an additional 304,958 shares during the last quarter. Cypress Wealth Services LLC purchased a new position in shares of Invesco S&P 500 Top 50 ETF during the 4th quarter worth $650,000. Sound Income Strategies LLC raised its position in shares of Invesco S&P 500 Top 50 ETF by 4,166.5% during the 4th quarter. Sound Income Strategies LLC now owns 35,753 shares of the company’s stock valued at $2,104,000 after purchasing an additional 34,915 shares during the period. Finally, Elevation Capital Advisory LLC raised its position in shares of Invesco S&P 500 Top 50 ETF by 26.1% during the 4th quarter. Elevation Capital Advisory LLC now owns 161,707 shares of the company’s stock valued at $9,586,000 after purchasing an additional 33,420 shares during the period.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of XLG stock opened at $60.68 on Thursday. The company has a market capitalization of $10.69 billion, a price-to-earnings ratio of 27.80 and a beta of 1.05. Invesco S&P 500 Top 50 ETF has a one year low of $49.68 and a one year high of $64.77. The company’s fifty day moving average price is $60.88 and its 200-day moving average price is $59.06.

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. 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.