Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) Shares Acquired by Capital Wealth Alliance LLC

Capital Wealth Alliance LLC grew its position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 23.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 29,473 shares of the company’s stock after purchasing an additional 5,653 shares during the period. Invesco S&P 500 Top 50 ETF makes up approximately 0.8% of Capital Wealth Alliance LLC’s holdings, making the stock its 26th biggest position. Capital Wealth Alliance LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $1,472,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. LPL Financial LLC increased its position in Invesco S&P 500 Top 50 ETF by 10.2% in the 3rd 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 during the period. GPS Wealth Strategies Group LLC raised its stake in shares of Invesco S&P 500 Top 50 ETF by 8.2% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 1,174,985 shares of the company’s stock valued at $58,702,000 after purchasing an additional 89,392 shares in the last quarter. Principle Wealth Partners LLC lifted its holdings in Invesco S&P 500 Top 50 ETF by 11.4% in the fourth quarter. Principle Wealth Partners LLC now owns 1,092,153 shares of the company’s stock worth $54,564,000 after purchasing an additional 112,147 shares during the period. HighTower Advisors LLC increased its stake in Invesco S&P 500 Top 50 ETF by 27.7% during 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, Raymond James & Associates raised its position in shares of Invesco S&P 500 Top 50 ETF by 69.7% during the 3rd quarter. Raymond James & Associates now owns 816,880 shares of the company’s stock worth $38,826,000 after buying an additional 335,532 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Price Performance

Invesco S&P 500 Top 50 ETF stock opened at $51.00 on Tuesday. Invesco S&P 500 Top 50 ETF has a 12-month low of $39.75 and a 12-month high of $51.80. The stock has a market capitalization of $4.97 billion, a PE ratio of 2.92 and a beta of 1.08. The firm has a 50 day simple moving average of $50.67 and a 200-day simple moving average of $48.30.

Invesco S&P 500 Top 50 ETF 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.