Mercer Global Advisors Inc. ADV Has $16.22 Million Position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Mercer Global Advisors Inc. ADV boosted its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 0.7% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 49,846 shares of the company’s stock after purchasing an additional 342 shares during the quarter. Mercer Global Advisors Inc. ADV’s holdings in Invesco S&P 500 Top 50 ETF were worth $16,219,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Bank of Montreal Can bought a new stake in shares of Invesco S&P 500 Top 50 ETF during the first quarter worth $31,000. BlackRock Inc. grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 1,666.7% during the first quarter. BlackRock Inc. now owns 106 shares of the company’s stock worth $32,000 after purchasing an additional 100 shares during the last quarter. Stonebridge Capital Advisors LLC bought a new stake in shares of Invesco S&P 500 Top 50 ETF during the first quarter worth $44,000. Arkadios Wealth Advisors grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 395.8% during the second quarter. Arkadios Wealth Advisors now owns 238 shares of the company’s stock worth $77,000 after purchasing an additional 190 shares during the last quarter. Finally, Harbour Investments Inc. bought a new stake in shares of Invesco S&P 500 Top 50 ETF during the first quarter worth $77,000.

Shares of XLG stock opened at $342.55 on Wednesday. The stock’s fifty day moving average is $339.56 and its 200-day moving average is $319.65. Invesco S&P 500 Top 50 ETF has a 52 week low of $249.34 and a 52 week high of $349.67.

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.

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Want to see what other hedge funds are holding XLG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG).

Institutional Ownership by Quarter for Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

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