TAP Consulting LLC Grows Holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

TAP Consulting LLC grew its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 15.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 120,442 shares of the company’s stock after purchasing an additional 16,117 shares during the period. Invesco S&P 500 Top 50 ETF accounts for about 1.2% of TAP Consulting LLC’s investment portfolio, making the stock its 20th largest position. TAP Consulting LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $6,017,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Raymond James Financial Inc. acquired a new stake in Invesco S&P 500 Top 50 ETF in the fourth quarter worth about $112,591,000. Independent Advisor Alliance acquired a new position in Invesco S&P 500 Top 50 ETF in the 4th quarter worth approximately $38,858,000. LPL Financial LLC lifted its holdings 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 purchasing an additional 741,770 shares in the last quarter. Bank Hapoalim BM acquired a new position in shares of Invesco S&P 500 Top 50 ETF in the 4th quarter valued at about $13,289,000. Finally, PMG Wealth Management Inc. acquired a new position in Invesco S&P 500 Top 50 ETF in the fourth quarter worth approximately $11,276,000.

Invesco S&P 500 Top 50 ETF Price Performance

Invesco S&P 500 Top 50 ETF stock opened at $46.75 on Thursday. The company has a market capitalization of $8.18 billion, a price-to-earnings ratio of 26.40 and a beta of 1.01. The company’s fifty day moving average price is $49.73 and its two-hundred day moving average price is $49.04. Invesco S&P 500 Top 50 ETF has a one year low of $39.75 and a one year 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.