Greystone Financial Group LLC Boosts Holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Greystone Financial Group LLC increased its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 3.1% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 39,102 shares of the company’s stock after purchasing an additional 1,184 shares during the period. Greystone Financial Group LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $1,954,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. LPL Financial LLC raised its stake in shares of Invesco S&P 500 Top 50 ETF by 10.2% in the third quarter. LPL Financial LLC now owns 7,979,467 shares of the company’s stock valued at $379,264,000 after acquiring an additional 741,770 shares in the last quarter. GPS Wealth Strategies Group LLC increased its holdings in Invesco S&P 500 Top 50 ETF by 8.2% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 1,174,985 shares of the company’s stock worth $58,702,000 after purchasing an additional 89,392 shares during the period. Principle Wealth Partners LLC raised its position in Invesco S&P 500 Top 50 ETF by 11.4% in the 4th quarter. Principle Wealth Partners LLC now owns 1,092,153 shares of the company’s stock valued at $54,564,000 after purchasing an additional 112,147 shares in the last quarter. HighTower Advisors LLC boosted its stake in shares of Invesco S&P 500 Top 50 ETF by 27.7% in the 3rd quarter. HighTower Advisors LLC now owns 925,321 shares of the company’s stock valued at $43,982,000 after buying an additional 200,879 shares during the period. Finally, Private Advisor Group LLC boosted its stake in shares of Invesco S&P 500 Top 50 ETF by 17.5% in the 4th quarter. Private Advisor Group LLC now owns 822,080 shares of the company’s stock valued at $41,071,000 after buying an additional 122,294 shares during the period.

Invesco S&P 500 Top 50 ETF Stock Performance

XLG stock opened at $50.94 on Thursday. The company’s 50 day moving average price is $50.70 and its 200 day moving average price is $48.39. The firm has a market capitalization of $4.97 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $39.75 and a fifty-two week high of $51.80.

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.