Pacific Sun Financial Corp Boosts Holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Pacific Sun Financial Corp increased its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 14.7% during the fourth quarter, Holdings Channel reports. The firm owned 6,349 shares of the company’s stock after acquiring an additional 814 shares during the quarter. Pacific Sun Financial Corp’s holdings in Invesco S&P 500 Top 50 ETF were worth $317,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in XLG. Abound Wealth Management purchased a new position in Invesco S&P 500 Top 50 ETF in the 4th quarter worth approximately $30,000. Hager Investment Management Services LLC bought a new stake in Invesco S&P 500 Top 50 ETF in the 4th quarter worth approximately $30,000. Decker Retirement Planning Inc. bought a new stake in Invesco S&P 500 Top 50 ETF in the 4th quarter worth approximately $34,000. Concord Wealth Partners bought a new stake in Invesco S&P 500 Top 50 ETF in the 3rd quarter worth approximately $47,000. Finally, Golden State Wealth Management LLC bought a new stake in Invesco S&P 500 Top 50 ETF in the 4th quarter worth approximately $58,000.

Invesco S&P 500 Top 50 ETF Price Performance

NYSEARCA:XLG opened at $51.73 on Thursday. Invesco S&P 500 Top 50 ETF has a 1 year low of $39.75 and a 1 year high of $51.80. The stock’s 50 day simple moving average is $50.77 and its two-hundred day simple moving average is $48.65. The company has a market cap of $5.04 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08.

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.